So the ramifications of not keeping up with world standards can be extremely serious. We should therefore continue to do what we can to comply with international standards. BIS Review 18/2009  3  Incidentally, some of our Pacific neighbours were threatened to be blacklisted some years ago because they did not comply with these standards.
If these efforts can reduce uncertainty about economic and financial developments, then the present monetary easing will be more effective in stimulating economic activity, strengthening the force of the virtuous circle in the economy. BIS Review 12/1998