The Centre was pleased to organise, in collaboration with the Asian Development Bank (ADB), the SEACEN–ADB AFIF Training Course on Capital Account Liberalisation I: Foundations, Sequencing and Capital Flow Management, during 3–5 November 2026 in Lao PDR. Hosted by the Bank of the Lao PDR, the course brought together central bank participants from Viet Nam, Lao PDR, Cambodia, Thailand and the Philippines.
Led by Programme Director Dr. Nur Ain Shahrier, the course explored capital account liberalisation, capital-flow monitoring and policy responses to volatile flows. Country case studies and group presentations highlighted three key messages: careful sequencing, strong domestic institutions and policy responses tailored to country circumstances.
Our sincere appreciation to Director General Souksavath Chanthalavong of the Bank of the Lao PDR and the organising team for their warm hospitality, and to the Asian Development Bank, particularly Feiya Chang, for their continued support and collaboration with SEACEN. We also thank our resource persons—Professor João Jalles, Etienne Lepers, Donghyun Park, Kasun Darsaka Pathirage, Dr. Nur Ain Shahrier, Adryan Rosli—and all participants for their valuable contributions.
“Successful financial integration depends on sound institutions, careful sequencing and the capacity to manage risks while harnessing the benefits of openness.”
#SEACEN #ADB #AFIF #CapitalAccountLiberalisation #CapitalFlows #FinancialStability #CentralBanking
