This will be an important area of focus for us over the coming period. As highlighted by Deputy Governor Cyril Roux in a speech in September, we expect financial firms to be addressing this risk clearly and effectively. In particular, cyber risk is a matter for the board and senior management, not only for the IT division.
The yen is used internationally as a currency that is always tradable and has a well-established settlement infrastructure, in line with the U.S. dollar, euro, and British pound. Meanwhile, the amount of trade between Japan and China, the two economic giants in Asia, has expanded by 2.5 times since 2001, reaching about JPY 26.5 trillion in 2010.