Asia Region Funds Passport Milestones
10th ARFP Joint Committee Virtual Meeting on 29th October 2021
The Asia Region Funds Passport (the Passport) Joint Committee (JC) held its tenth meeting in a virtual format on 29th October 2021 due to the restrictions on travel and gatherings…
First “Fund Passport” registered
The New Zealand Financial Markets Authority (FMA) has registered a Regulated CIS based in NZ as a Passport Fund. This will be the first passport granted under the ARFP regime…
9th ARFP Joint Committee Virtual Meeting 22 April 2021
The Asia Region Funds Passport (the Passport) Joint Committee (JC) held its ninth meeting in a virtual format on 22nd April 2021 due to the continuing risks and concerns about…
8th ARFP Joint Committee Virtual Meeting 28 May 2020
The Asia Region Funds Passport (“Passport”) Joint Committee (“JC”) planned to hold its eighth face-to-face meeting in Bangkok on 21st – 23rd April 2020. Due to coronavirus (COVID-19) related restrictions…
Joint Committee Meeting 21-22 October 2019, Singapore
New Zealand has completed implementation
New Zealand confirmed to the Joint Committee today that it has completed preparations for implementing the Asia Region Funds Passport arrangements in New Zealand. It is ready to receive registration applications…
The Asia Region Funds Passport is live
The Asia Region Funds Passport (“Passport”) is now live. Japan, Thailand and Australia are ready to receive registration applications from local prospective Passport funds and entry applications from foreign Passport…
Signing of Memorandum of Cooperation
Australia, Japan, Korea and New Zealand sign Memorandum of Cooperation on 28 April 2016.
10th Working Group Meeting
Tenth working group meeting held in Bangkok, Thailand in February 2016 to finalise the Memorandum of Cooperation.
Tax Reference Seminar
The first Asia Region Funds Passport Tax Reference Seminar was held on 27 November 2015 in Kuala Lumpur, Malaysia. Terms of reference were agreed and the Asia Pacific Financial Forum agreed to undertake…
9th working group meeting
Ninth working group meeting held in Kuala Lumpur, Malaysia in November 2015 to finalise the Memorandum of Cooperation.
Signing of the Statement of Understanding
On 11 September 2015, Finance Ministers from Australia, Japan, Korea, New Zealand, the Philippines and Thailand signed a Statement of Understanding at the APEC Finance Ministers’ Meeting in Cebu, the…
8th working group meeting
Eighth working group meeting held in Hanoi, Vietnam in August 2015 to finalise the Statement of Understanding and negotiate for the Memorandum of Cooperation.
11th policy and technical workshop, 7th working group meeting
Eleventh policy and technical workshop and seventh working group meeting held in Singapore in May 2015 to discuss the outcomes of the second round of consultation.
Consultation 2015
Consultation on the rules and arrangements held in all working group economies (Australia, Korea, New Zealand, the Philippines, Singapore and Thailand) from February to April 2015.
10th policy and technical workshop, sixth working group meeting
The 10th policy and technical workshop and sixth working group meeting held in Manila, the Philippines in November 2014 to finalise arrangements for the second round of consultation.
9th policy and technical workshop, 5th working group meeting
August 2014 The 9th policy and technical workshop is hosted by Korea in Seoul in late August 2014. Finance regulators and officials from eleven APEC member economies considered the proposed…
Consultation paper is released
The governments of the working group economies release the consultation paper, which contains the detailed passport arrangements. Consultations closed on 11 July 2014.
8th policy and technical workshop, 4th working group meeting
The 8th policy and technical workshop was held in Kuala Lumpur in the first week of March 2014. Finance regulators and officials from eleven APEC member economies considered the proposed…
3rd Working Group Meeting
The working group (Australia, New Zealand, Republic of Korea and Singapore) holds its 3rdmeeting in Sydney, Australia, to discuss the technical details of the passport and a draft consultation paper.
Signing of the Statement of Intent
On 20 September 2013, Finance Ministers from Australia, Korea, New Zealand and Singapore signed a Statement of Intent in Nusa Dua, Bali, Indonesia on the Asia Region Funds Passport (‘the…
2nd Working Group Meeting
The working group (Australia, New Zealand, Republic of Korea and Singapore) holds its 2nd meeting in Chinese Taipei.
7th policy and technical workshop & capacity building training
1st Working Group Meeting
The working group (Australia, New Zealand, Republic of Korea and Singapore) meets for the first time in Perth, Australia, to discuss technical issues relating to implementation of the passport.
Formation of Asia Region Funds Passport Working Group
Following the workshop, economies are invited to form a working group that would develop the detailed technical arrangements. Australia, New Zealand, the Republic of Korea and Singapore accept this invitation.
6th policy and technical workshop & capacity building training
APEC Finance Ministers’ Meeting 2012
In the annual joint statement issued by APEC Finance Ministers’ in Moscow, Russia, ministers noted the technical work that was underway to gradually progress the development of the passport and…
5th policy and technical workshop & capacity building training
Thailand hosts the 5th Passport policy and technical workshop to consider the proposed governing arrangements and possible model for the Passport. Eleven APEC economies attend (Australia, Chinese Taipei, Hong Kong, Japan,…
4th policy and technical workshop & capacity building training
Finance regulators and officials from 12 APEC economies (Australia, Chinese Taipei, Hong Kong, Indonesia, Japan, Malaysia, New Zealand, Republic of Korea, Singapore, Thailand, the Philippines and Vietnam) meet for the…
APEC Finance Ministers’ Meeting 2011
A recommendation is put to APEC Finance Ministers during the ministerial meeting in Honolulu, United States, to secure the mandate to further progress the development of the Passport. In the…
3rd policy and technical workshop & capacity building training
3rd Passport policy and technical workshop is held in Singapore, attended by finance sector regulators and officials from 13 APEC member economies (Australia, Chinese Taipei, Hong Kong, Indonesia, Japan, Malaysia, New…
2nd policy and technical workshop & capacity building training
2nd policy and technical workshop is held in Hong Kong. The conclusions and key outcomes of the Hong Kong policy and technical discussions are considered by workshop participants through wider consultations with…
Passport concept introduced at APEC Finance Ministers’ Meeting
The concept of the Passport is introduced at APEC Finance Ministers Meeting in Kyoto, Japan, on 6 November 2010. APEC Finance Ministers welcomes the efforts by a number of economies…
1st workshop & capacity building training
APEC Policy Dialogue is held in Kuala Lumpa, Malaysia to engage with stakeholders and targeted APEC economies and gauge interest in exploring the concept of the Asia Region Funds Passport. …
Johnson Report
The Australian Financial Centre Forum’s report (also known as the Johnson Report) is released. The Johnson Report recommended exploring the concept of an Asia Region Funds Passport.