Bank of Japan

CBDCs

BIS Issues Report on Central Bank Digital Currencies

By Editors | 10/01/2019

Only one of 63 central bank respondents has said it is very likely to issue a central bank digital currency in the next six years.

Resolution & Recovery

Japan to Propose Amendments to Simplify Bank Merger Process

By Mark Pufpaff | 08/11/2018

Prime Minister Shinzo Abe instructed ministers to propose amendments to existing laws to simplify consolidation of regional banks, many of which are struggling to maintain profitability.

Liquidity Risk

Japan’s Suruga Bank to Receive $2.2bn Credit Line from BOJ

By Mark Pufpaff | 05/11/2018

The credit line is aimed at preventing a liquidity crunch after a scandal involving falsified proof of income and assets to approve loans resulted in mass withdrawals by depositors.

Trading & Investment

Shinzo Abe’s Beijing Visit Paves Way for Financial Sector Cooperation

By Manesh Samtani | 29/10/2018

Forty years since the 1978 peace treaty marked by a series of MoUs between central banks, securities regulators, stock exchanges and industry bodies, among others.

Credit Risk

Japan Banks Face Asset Risks, but No Change in Outlook – Moody’s

By Garima Chitkara | 17/10/2018

Japanese banks face profitability pressures and asset risks, even as liquidity and capitalisation remain robust, the ratings agency said.

Trading & Investment

Increased Use of Futures in Asset Management Could Adversely Impact Market – Kuroda

By Garima Chitkara | 05/09/2018

Increased use of futures in ETFs and investment trusts, while desirable to deepen futures market, has the potential to create correlation and contagion risks among asset classes where none existed before.

Emerging Prudential Risks

Japan’s Regional Banks Told Not to Blame BOJ for Woes

By Manesh Samtani | 23/08/2018

FSA commissioner urges regional banks, whose profits are down 30% from 5 years ago, to explore ways to manage low interest environment, other than blaming monetary policy.

Trading & Investment

BOJ Forms Benchmark Reform Committee

By Editors | 24/07/2018

Committee to discuss developing recommendations on JPY interest rate benchmarks, the challenges arising from each and proposals for other solutions.

Structural Regulation

The End of IBOR – The Asia Take

By Matthieu Sachot | 19/06/2018

Though uncertainty remains on when LIBOR migration is really going to be due, the earlier the banks set this in motion, the lower the execution risk and cost in the long run. This article highlights the local benchmarking effort in Asia and the key areas banks should have on their roadmap, starting now.