Later he became involved in developing mines in Peru, but was forced to return to Japan after the mine scheme was discovered to be a fraud and his financial resources were exhausted. These episodes show us that the first half of his life contained many challenges, but he remained a man of determination and liberal spirit.
Moreover, NCBs, knowing well the specificities of their jurisdictions, are well placed to manage assets to be used as collateral in our operations. This makes our decentralised system more efficient than a centralised approach under the current circumstances. In the absence of a truly single market for capital, securities markets still depend very much on national specificities and preferences.