Asia Region Funds Passport Milestones

January 28, 2022

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…
January 28, 2022
June 18, 2020

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…
June 18, 2020
October 30, 2019

Joint Committee Meeting 21-22 October 2019, Singapore

The Asia Region Funds Passport (“Passport”) Joint Committee (“JC”) held its seventh face-to-face meeting in Singapore on 21 and 22 October 2019, hosted by the Monetary Authority of Singapore.
October 30, 2019
July 26, 2019

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…
July 26, 2019
February 1, 2019

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…
February 1, 2019
February 1, 2016

10th Working Group Meeting

Tenth working group meeting held in Bangkok, Thailand in February 2016 to finalise the Memorandum of Cooperation.
February 1, 2016
November 11, 2015

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…
November 11, 2015
November 1, 2015

9th working group meeting

Ninth working group meeting held in Kuala Lumpur, Malaysia in November 2015 to finalise the Memorandum of Cooperation.
November 1, 2015
September 11, 2015

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…
September 11, 2015
August 1, 2015

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.
August 1, 2015
February 1, 2015

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.
February 1, 2015
April 1, 2014

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.
April 1, 2014
December 1, 2013
3rd Working Group Meeting

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.
December 1, 2013
September 26, 2013

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…
September 26, 2013
June 2, 2013

2nd Working Group Meeting

The working group (Australia, New Zealand, Republic of Korea and Singapore) holds its 2nd meeting in Chinese Taipei.
June 2, 2013
May 1, 2013

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.
May 1, 2013
December 2, 2012

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.
December 2, 2012
August 1, 2012

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…
August 1, 2012
June 1, 2012
5th policy and technical workshop, Thailand, June 2012

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,…
June 1, 2012
December 1, 2011
4th capacity building training, Kuala Lumpur, December 2011

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…
December 1, 2011
November 1, 2011

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…
November 1, 2011
August 1, 2011
3rd capacity building training, Singapore, August 2011

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…
August 1, 2011
October 1, 2010
1st workshop & capacity building training

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. …
October 1, 2010
January 1, 2010

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.
January 1, 2010