Asia Region Funds Passport Milestones

October, 2019
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, 2019
July, 2019
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, 2019
February, 2019
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, 2019
February, 2016
Tenth working group meeting held in Bangkok, Thailand in February 2016 to finalise the Memorandum of Cooperation.
February, 2016
November, 2015
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, 2015
November, 2015
Ninth working group meeting held in Kuala Lumpur, Malaysia in November 2015 to finalise the Memorandum of Cooperation.
November, 2015
September, 2015
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, 2015
August, 2015
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, 2015
February, 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, 2015
April, 2014
The governments of the working group economies release the consultation paper, which contains the detailed passport arrangements. Consultations closed on 11 July 2014.
April, 2014
December, 2013
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, 2013
September, 2013
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, 2013
June, 2013
The working group (Australia, New Zealand, Republic of Korea and Singapore) holds its 2nd meeting in Chinese Taipei.
June, 2013
May, 2013
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, 2013
December, 2012
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, 2012
August, 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, 2012
December, 2011
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, 2011
November, 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, 2011
October, 2010
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, 2010
January, 2010
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, 2010