This implies that domestic savers find suitable instruments for saving in the region and investors/issuers can invest or raise capital in other countries along with domestic markets, all knowing that they will encounter broadly similar regulations, information, trading systems, settlement systems, accounting standards and governance standards throughout the region.
Masayoshi Amamiya: Japan's economy and monetary policy Speech by Mr Masayoshi Amamiya, Deputy Governor of the Bank of Japan, at ameeting with local leaders, Akita (via webcast), 2 December 2020.