Central Banking

HKMA's Yam on the euro

In the speech 'The euro: Lessons for European and Asian financial markets' given on 24 February Joseph Yam of the HKMA said the integration of financial markets in the Asia-Pacific region can be accelerated if financial and monetary authorities in the region take several initiatives.

These include the relaxation of regulations on capital flows, Yam said.

Speaking at a conference on the euro, Yam said integrated financial markets provide a host of major benefits, including access by investors to a

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