Muto on Japan's payment and settlement systems

In the speech 'Japan's payment and settlement systems and the Bank of Japan' given on 3 December (published 24 March) Toshiro Muto of the Bank of Japan said generally, reform of payment and settlement systems in any country does not happen until it becomes urgent due to an incident or incidents, which push it forward.

"Risks to Japan's payment and settlement systems are expected to increase and become more diverse in the future. It is essential, therefore, to build and maintain safe and efficient

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