Bank of Japan

CBDCs

BIS, Six Central Banks to Jointly Explore CBDC Use Cases

By Editors | 22/01/2020

The group will assess CBDC use cases; economic, functional and technical design choices, including cross-border interoperability; and share knowledge on emerging technologies.

CBDCs

BOJ Releases Summary Report on CBDC Legal Issues

By Editors | 27/12/2019

In light of the potential legal issues that may arise from a CBDC issuance by the Bank of Japan, more detailed discussion is needed.

Trading & Investment

UPDATED – BOJ to Boost ETF Market Liquidity by Lending Holdings

By Editors | 20/12/2019

The ETF lending facility is likely to reduce ETF bid/ask spreads and provide an easy way to short the Japanese market.

Capital Adequacy

Japan Banks to Gain Easier Access to Capital from Larger Peers

By Editors | 05/11/2019

Under a special measure to be launched in March, a bank’s capital-to-asset ratio will not be reduced when it invests in a struggling peer.

Structural Regulation

BOJ Calls for Applications from Aspiring Benchmark Administrators

By Editors | 30/10/2019

The BOJ committee is soliciting entities that can begin calculating and publishing term structures based on JPY overnight index swaps as prototype rates.

Emerging Prudential Risks

Transitioning Away from IBORs: The View from Asia

By Garima Chitkara | 30/10/2019

Asian banks have a large and complex operational task ahead of them as they prepare for a post-LIBOR world after 2021, say KPMG’s Marie Gervacio and Luke Gower.

Credit Risk

BOJ Warns of Financial Risks from Easy Lending, CLO Exposures

By Manesh Samtani | 25/10/2019

The BOJ warns of a buildup of risks from lending to “low-return borrowers”, delayed loan restructuring, and overseas exposures to leveraged loans and CLOs.

Capital Adequacy

Recession Fears Prompt Japan to Stress Test Major Financial Firms

By Editors | 22/10/2019

The BOJ and FSA will jointly coordinate stress tests on Japan’s three G-SIBs and four D-SIBs to assess how capital and liquidity could be affected if stocks fell and the yen spiked.

Structural Regulation

BOJ Deputy Governor Calls for Collective Action on LIBOR Transition

By Manesh Samtani | 13/10/2019

LIBOR’s permanent discontinuation will be one of the “most significant events in global financial history”, BOJ deputy governor Masayoshi Amamiya said at ASIFMA’s Annual Conference.