The Amended Chiang Mai Initiative Multilateralisation (CMIM) Comes Into Effect on June 23, 2020
The amended Chiang Mai Initiative Multilateralisation (CMIM) Agreement, which is a regional financing arrangement among the Finance Ministers and Central Bank Governors of the ASEAN Members States, China, Japan and Korea (ASEAN+3) and the Monetary Authority of Hong Kong, China, came into effect on June 23, 2020.