The programme of training evolves out of the proposals and priorities identified by the
Directors of Research and Training, the Directors of Supervision, and the SEACEN Centre.
The criteria for selecting the training topics include: topics relevant to the needs of member
banks; topics are of common interest and high value; and topics related to core central banking
functions. The SEACEN training activities emphasise actual skills and practical working tools,
as part of the Centre's niche in providing quality training.
The programme of training comprises training courses, seminars and workshops. A training
course is an interactive learning event to enhance the capacity building of member central banks.
It is generally of longer duration, usually more than a week, comprising several relevant modules.
A seminar is an event where the topic is of current interest and the discussions are exploratory and
policy-oriented in nature. A workshop is an event where the topic is generally technical in nature
and involves hands-on practical sessions.
In addition to having resource speakers from member central banks and monetary
authorities, as well as other leading central banks from developed economies, such as the Federal
Reserve System of the USA, Reserve Bank of Australia, Bank of Japan and Reserve Bank of New Zealand,
the SEACEN Centre also collaborates with various multilateral organisations and regional institutions. Thus, the
SEACEN programme of training events includes collaborations with the IMF, the World Bank, the Bank
for International Settlements (BIS), the Basel Committee on Banking Supervision, the Financial Stability
Institute, the Committee on Payment and Settlement System, the Asian Development Bank, the Asian
Development Bank Institute and The Toronto Centre, among others.
The Bank of Japan has been providing financial asssistance of up to 10 million yen a
year since 2001 to the SEACEN Centre to finance some of the Centre's training events.
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At present, the SEACEN Centre invites and accepts, in the following order of
preference, nominations to participate in its training activities from the following:
- all SEACEN member central banks and monetary authorities;
- related governmental and supervisory agencies in member countries, nominated by member banks;
- observer member banks viz. Central Banks of Laos and Tonga;
- Central banks/monetary authorities of Australia, China PR, Hong Kong, Iran, Japan, New Zealand
and Solomon Island; and
- Central Banks of Afghanistan, Bangladesh, Bhutan, India, Pakistan, Samoa, Timor-Leste and
other countries as approved by the SEACEN Centre.
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