Contributor: Aziz Durrani

Central Banks Must Guide Asean+3 Through Age of Novel Risks

and | 14 October 2025
Monetary, Op-Eds | Tags: ASEAN+3, Central Banks, Climate Risks, Macroprudential Policy
The prosperity of Asean+3 economies – the 10 South-east Asian nations plus China (including Hong Kong), Japan and South Korea – hinges on whether policymakers, central banks and financial supervisors can navigate an increasingly complex landscape of novel risks. ... continue reading

Addressing Novel Risks, Strengthening Finance, and Building Resilience in ASEAN+3

and | 1 September 2025
Monetary, Policy Briefs | Tags: ASEAN+3, Central Banks, Climate Risks, Financial Regulation, Financial Supervision
Welfare and economic growth in ASEAN+3 depend on the region’s ability to align economic priorities and the effective management of novel risks with the need to address structural challenges, associated transformations and the ability to harness future opportunities. ... continue reading

The Basel Committee’s Revised Core Principles for Effective Banking Supervision: Addressing Climate-Related Financial Risks in ASEAN+3

and | 5 June 2024
Monetary, Policy Briefs | Tags: ASEAN+3, BCBS, Climate Risks, Financial Supervision, Macroprudential Policy
This policy brief provides a detailed overview of the guidance that the Basel Committee on Banking Supervision (BCBS) has provided to financial institutions and their supervisors, in relation to assessing, quantifying and managing climate risks under Pillars I, II and III of the Basel framework. ... continue reading

Addressing Climate-Related Financial Risks in ASEAN+3

and | 5 June 2024
Monetary, Blog | Tags: ASEAN+3, BCBS, Climate Risks, Financial Supervision, Macroprudential Policy
Whilst not all jurisdictions have adopted the Basel III banking supervision regime, the Core Principles target all financial supervisors globally. They serve as “the de facto minimum standard” for the “sound prudential regulation and supervision of banks and banking systems”... ... continue reading