This is in keeping with our desire to develop a thriving market. Final Words Ladies and gentlemen, there are many initiatives, both onshore and at the regional level, that are being pursued under the name of capital market development. For sure, the road towards a deep domestic and an integrated ASEAN capital market will not be without its challenges.
But these challenges cannot be our binding constraints and I trust that creating the four new sub-committees in CMDC moves us forward. 2  BIS central bankers’ speeches  What is also clear is that we must intensify our collaboration and ensure that the governance of the domestic market is not compromised.