Kiyohiko G Nishimura: Asian markets at the crossroads Keynote address by Mr Kiyohiko G Nishimura, Deputy Governor of the Bank of Japan, at the OECD-ADBI 12th Roundtable on “Capital market reform in Asia”, Tokyo, 8 February 2012. * 0. *  *  Introduction  Good morning, Distinguished Guests, Ladies and Gentlemen.
The limited use of monetary policy instruments under the currency board arrangement and the use by the local banks of the London money market for their liquidity needs, were not conducive to the development of risk management and trading skills in Ireland.