Importantly, Australia has the flexibility to respond to changing circumstances and is well placed to benefit from the strong growth in Asia. Thank you for your time this morning. 10  BIS Review 67/2010
The efforts that have gone on behind the scenes over the past months by the  1  See http://www.ecb.europa.eu/press/key/date/2013/html/sp130116.en.html. BIS central bankers’ speeches  1  TSI participants can be measured in relation to the Memorandum of Understanding which is on the table for signing today and this represents a major step forward towards an integrated market for clearing and settlement (in euro).