 During peacetime, the AMRO would conduct annual consultations with individual member economies and prepare quarterly-consolidated reports on the macroeconomic assessment of the ASEAN+3 region and individual member countries.In a time of crisis, the AMRO would prepare recommendations on any swap request based on macroeconomic analysis of a member state and monitor the use and impact of funds once an application is approved.AMRO was officially incorporated as a company limited by guarantee in Singapore on 20 April 2011.