Policy advocacy is a major thrust of ABA program. Members jointly formulate statements on issues and policies that relate to banking and finance in the regional and international arena. The principal objective is to come up with a paper that articulates the position of ABA on these issues and, if deemed appropriate, to submit the paper to the regional or international body tasked with addressing those issues.
Towards this end, the ABA Special Committee on Policy Advocacy has been created to identify issues on banking and finance that may be covered by the Association for policy advocacy. Composed of banking and finance experts as well as members of the ABA Board, this Committee meets from time to time to achieve this objective.
Since its creation, the committee has done considerable work in several areas, including:
ABA issues the following publications, among others, to serve as information link between the officers and members:
The ABA conducts training and professional development programs for its members. Through these training programs, the ABA aims to heighten the level of awareness among its members about the importance of training and continuing education in making them ready and equipped to cope with the many changes in the market. In particular, it strives to accelerate and conduct more training courses for members in light of the new issues emerging in the banking sector to upgrade the general awareness of bank managers on these issues. Towards this end:
ABA endeavours to strengthen relationship with bankers’ associations in other regions and countries in and outside the Asia-Pacific as a way of promoting ABA’s name and expanding membership. Cooperation is established through the exchange of guests at conferences and seminars, exchange of publications, participation at each other’s training programs, and collaboration in research activities. Officers and representatives of the Secretariat shall also try to arrange visits to the offices of the bankers associations in countries where ABA meetings are held and take an active approach in establishing networking and alliance.
ABA continues to establish linkage with other regional organizations. In particular, ABA aims to strengthen ties with the Asia-Pacific Economic Cooperation (APEC) forum through the APEC Business Advisory Council (ABAC) and continue to provide inputs and recommendations to ABAC on regional cooperation as well as on issues of concern to the private sector in general and the banking industry in particular. Closer working relationship is also constantly being developed with the Pacific Economic Cooperation Council (PECC), the Asian Development Bank, the World Bank, and the Bank for International Settlements.
The ABA annual meetings and conferences have been very effective tools for bringing together top Asian bankers and for exchanging information and ideas among the members. The themes of these meetings and seminars have focused on the identification or promotion of the role of banking and finance in regional cooperation or on the improvement of the banking industry in the region. ABA continues this tradition and maintains the quality of their contents by ensuring that they are always relevant and topical. To ensure a substantive discussion of issues, Ministers of Finance or Central Bank Governors, as well as international experts and eminent authorities on financial issues, are invited to attend the annual meetings and seminars.