On 12 October 2017, at its meeting in Washington D. C., United States, the Board of Governors of the Center for Latin American Monetary Studies (CEMLA) approved the application of the Magyar Nemzeti Bank (The Central Bank of Hungary) for becoming part of the Center as a collaborating member from 1 January 2018.

CEMLA was established in September 1952 and today it consists of  51 institutions; 30 of which are associated members with the right to vote at the CEMLA's Assembly. The main objectives of CEMLA are: 

  1. To promote a better understanding of monetary and banking matters in Latin America and the Caribbean, as well as the pertinent aspects of fiscal and exchange rate policies; 
  2. To assist in improving the qualifications of central bank and other financial agencies personnel in Latin America and the Caribbean through the organization of seminars and special training courses and the publication of surveys and research studies; 
  3. To conduct research and systematize the results of past experience in the above fields; and 
  4. To inform on developments in regional and international monetary and financial policy issues. 

The Director General of the Center for the period 2019-2023 is Dr. Manuel Ramos-Francia, former Deputy Governor of the Bank of Mexico (Banxico), Mexico’ central bank; the Chairman of the Board of Governors between 2019-2021 is Dr. Juan José Echavarría, Governor of the Banco de la República (Colombia).

More info at: https://www.cemla.org/english.html