4th AMRO Forum Opening Remarks by Eddie Yue
... banks in the region the HKMA remains committed to strengthening our collaboration with both and to advance regional financial ...
Chief Executive, Hong Kong Monetary Authority
Search every verified Eddie Yue interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, delivered opening remarks at the 4th AMRO Forum in Hong Kong on July 16, 2026, the first time the city has hosted the event. He stated that the forum’s theme, “from fragmentation to resilience,” addresses challenges including geo-economic fragmentation, supply chain disruptions, and financial vulnerabilities. Yue said that ASEAN+3 members have shown a capacity to withstand shocks, with resilient economic growth despite tariff shocks, stable financial markets during global volatility, and mostly stable currencies, attributing this to enhanced economic fundamentals, deeper local currency debt markets, and sound macro-financial policies. Yue identified three areas for deepening regional cooperation: deepening economic integration through trade digitalization, expanding the use of local currencies in cross-border transactions and financing, and strengthening the regional financial safety net via the Chiang Mai Initiative. He noted that while progress has been made, local currencies still play a small role in regional transactions and that most trade invoicing is not denominated in foreign currencies. Yue mentioned HKMA initiatives such as Project Cargo X and Project Ensemble to improve trade finance efficiency and tokenization, and expressed hope that other jurisdictions would join these efforts. He reaffirmed HKMA’s commitment to collaborating with AMRO and the BIS Asian Office to advance regional financial integration and resilience.
“Even as the external environment becomes more challenging, ASEAN+3 members have demonstrated a remarkable capacity to withstand the shocks. Our region's economic growth has remained resilient despite the tariff shocks. Our financial markets have remained stable during recent episodes of global volatilities. And also ou...”
“While progress has been made, local currency still play a relatively small role in the region's cross-border transactions and also external financing. And the bulk of our trade invoicing is now still not denominated in foreign currencies. We need to continue to enhance regional payment integration and local currency se...”
“I will be extremely brief. I would just like to thank all our speakers for the really open, candid and educational sharing this morning.”
“I myself learned a lot from it, and I hope that you did as well.”
“I would just like to also thank all of you for staying beyond lunch hour to stay here and enjoy the conversations.”
“We started off with a one-off event, but I'm really glad that with the support of all our speakers, all the CEOs and all of you we keep going year after year and we will continue if you continue to come.”
“Next year the summit will be between the 2nd and 4th of November with the dinner on the second, the summit on the third, and the conversations on the fourth. So, mark your diary and come back.”
“For those who came from overseas, I hope you have a safe flight home.”
“I'll be really brief. I just want to thank all the speakers today for their open and generous sharing on different issues.”
“I also want to thank you all for participating this morning, for coming to our summit.”
“Do come back next year. We've already set the date for next year: the main summit will be on the 3rd of November, the welcome dinner on the 2nd of November — mark it in your diary and come back.”
“The macro backdrop has been shifting, marked by slowing growth, rising government debt, and a prolonged period of trade and geoeconomic uncertainties.”
“AI and crypto are bringing new dimensions or even challenges to traditional financial intermediation and the role of non-banks continue to grow while the ties between banks and non-banks are also deepening which are developments that some believe are getting more concerning.”
“The ongoing climb in asset prices raises the question, are markets building up for an abrupt correction just like what we saw in April or are we just over worrying?”
“Financial leaders and regulators need to be watchful of market shifts and plan ahead, much like hiking demands an eye on the weather and a change of terrain.”
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