South East Asian Central Banks Research and Training Centre

The South-East Asian Central Banks (SEACEN) Research and Training Centre, (more commonly known as The SEACEN Centre) is a regional not-for-profit institution located in Sasana Kijang, Kuala Lumpur, Malaysia. It serves its membership by providing training courses exclusively to participants from its 19 member central banks, as well as 8 Associate and 8 Observer member central banks in the Asia-Pacific region. It also regularly conducts collaborative research projects in various central banking areas with its membership. Its primary goals are to act as the learning hub for central banks in the region and assist in capacity development among those institutions.

Sasana Kijang complex in Kuala Lumpur, home of SEACEN since 2011

Since its inception in the early 1980’s, The SEACEN Centre has established its unique regional position in serving its membership of central banks in the Asia-Pacific region through its learning programs, research work, and networking and collaboration platforms for capability building in central banking knowledge.

The Centre has an outreach of 15 other central banks and monetary authorities which are invited for its learning events, as well as 26 regional and international strategic partners with whom the Centre collaborates in the design and delivery of its courses in central banking knowledge areas (Macroeconomic and Monetary Policy Management; Financial Stability and Supervision; and Payment and Settlement Systems and Leadership and Governance).

History

The history of The SEACEN Centre is closely tied with the annual meetings of the governors of the South East Asian central banks. The idea of setting up a centre for monetary studies and training in the region was mooted during the Second Governors Conference held in the Philippines in 1967. At their seventh meeting in Kuala Lumpur in 1972, the governors agreed for a single centre for both research and training be established in Kuala Lumpur. Work to establish The SEACEN Centre commenced in 1973. In 1982, The South East Asian Central Banks (SEACEN) Research and Training Centre was established as a legal entity. Since then, its membership has grown from 8 central banks/monetary authorities to 19 currently.

Activities

The SEACEN Centre primarily conducts training courses in the core central banking knowledge areas (Macroeconomic and Monetary Policy Management; Financial Stability and Supervision; and Payment and Settlement Systems and Leadership and Governance). These courses are only open to participants from Full, Associate, and Member central banks/monetary authorities. Additionally the Centre runs online seminars and other events on a semi-regular basis. There are also annual high-level meetings involving the Directors or Deputy Governors of the core central banking knowledge areas which determine the subject and focus of the Centre's training offerings.

Full Members

1. Brunei Darussalam Central Bank
2. National Bank of Cambodia
3. People's Bank of China
4. Hong Kong Monetary Authority
5. Reserve Bank of India
6. Bank Indonesia
7. Bank of Korea
8. Bank of the Lao PDR
9. Bank Negara Malaysia
10. Bank of Mongolia
11. Central Bank of Myanmar
12. Nepal Rastra Bank
13. Bangko Sentral ng Pilipinas
14. Monetary Authority of Singapore
15. Central Bank of Sri Lanka
16. Bank of Papua New Guinea
17. Central Bank Chinese Taipei
18. Bank of Thailand
19. State Bank of Vietnam

Associate Members

1. Reserve Bank of Australia
2. Bangladesh Bank
3. Royal Monetary Authority of Bhutan
4. Monetary Authority of Macao
5. State Bank of Pakistan
6. National Reserve Bank of Tonga
7. Reserve Bank of Fiji
8. Reserve Bank of Vanuatu

Observer Members

1. Da Afghanistan Bank
2. The Central Bank of the Islamic Republic of Iran
3. Bank of Japan
4. Maldives Monetary Authority
5. Reserve Bank of New Zealand
6. Central Bank of Samoa
7. Central Bank of Solomon Islands
8. Central Bank of Timor-Leste

See also

• Bank for International Settlements