SEACEN Launches the SEACEN Financial Stability Journal
Posted on 20 October 2013

Press Release

The South East Asian Central Banks (SEACEN) Research and Training Centre today released the inaugural issue of its new publication, the SEACEN Financial Stability Journal, which will be published semiannually. The Journal is intended to advance thought leadership and collaboration on financial stability matters among SEACEN member central banks, contextualised to the Asia-Pacific region.

While there are numerous high-quality research journals devoted to economics and monetary policy, very few publications focus on practical implementation issues related to promoting financial stability and systemic risk management from a central bank/monetary authority perspective.

Mr. Hookyu Rhu, Executive Director of The SEACEN Centre, said “Central banks’ efforts to promote financial stability will continue to evolve. We hope that the Journal will provide central bankers/monetary authorities, financial institutions regulators and policymakers with valuable insights and practical, actionable information on crucial issues pertaining to financial stability.”

The SEACEN Board of Governors has appointed the following experts on financial stability and related matters to the Editorial Board of the Journal:

Dr. Kamalesh Chandra Chakrabarty, Deputy Governor, Reserve Bank of India

Dr. Halim Alamsyah, Deputy Governor, Bank Indonesia

Ms. Nor Shamsiah Mohd Yunus, Deputy Governor, Bank Negara Malaysia

Mr. Nestor A. Espenilla Jr., Deputy Governor, Bangko Sentral ng Pilipinas

Mr. Michael J. Zamorski, Adviser, Financial Stability and Supervision, The SEACEN Centre.

Articles selected for inclusion in the November 2013 inaugural issue of the Journal reflect the broad range of issues that relate to financial stability. We are honoured that Her Excellency Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia, has contributed a thought-provoking article on the governance of financial stability, given the context of the current re-thinking in financial stability frameworks. An article by Deputy Governor Mr. Nestor A. Espenilla, Jr., and Pia Bernadette Roman Tayag of Bangko Sentral ng Pilipinas, discusses safety and soundness considerations related to microfinance. Additionally, an article by SEACEN staff highlights key findings of recent IMF/World Bank Financial Sector Assessment Program country reports and their relevance for countries’ ongoing financial stability self-assessments.

The SEACEN Financial Stability Journal is available online by visiting the SEACEN Website at

Media Contact:
Communications Unit, The SEACEN Centre
Tel: (603) 9195 1832

«  Back