BANK OF JAPAN

Crypto / Digital Assets

BOJ Publishes Progress Report on CBDC Pilot Experiment

By Editors | 29/04/2024

The experimental CBDC system will preserve user privacy by requiring intermediaries to separate customer data management from payment functions.

Japan FSA Scrutinising Bank Lending Practices – Reports

By Editors | 27/04/2024

The FSA is concerned that non-performing loans could emerge following the move away from negative interest rates starting last month.

Capital / Liquidity

Japanese Banks Resilient Despite Interest Rate, Real Estate Risks

By Mark Johnston | 25/04/2024

BOJ said Japanese banks can withstand various financial stresses, but vulnerabilities warrant close monitoring.

Market Infrastructure

BOJ, FSA Publish Results from Cybersecurity Self-Assessments

By Mark Johnston | 25/04/2024

The results reveal that challenges remain in securing and training cybersecurity personnel and managing third-party risks.

Market Infrastructure

Japan, Korea, US Finance Ministers Hold First Trilateral Meeting

By Editors | 18/04/2024

The ministers agreed to “consult closely” on FX markets and to cooperate on financial stability and the use of sanctions.

Japan Launches New Organisation to Boost Financial Literacy

By Editors | 09/04/2024

The new organisation will aim to enrich financial and economic education and contribute to improving financial literacy in Japan.

Crypto / Digital Assets

New BIS Project Seeks Overhaul of Global Payment System

By Manesh Samtani | 04/04/2024

Seven central banks will develop common infrastructure that can accommodate tokenised versions of wholesale central bank money and commercial bank deposits.

BOJ Raises Interest Rates for the First Time in 17 Years

By Editors | 19/03/2024

The BOJ also abolished its yield curve control policy, which it has used since 2016 to cap the yields of 10-year JGBs.

Crypto / Digital Assets

BOJ to Catalogue Legal Issues for CBDC by April

By Editors | 31/01/2024

BOJ and Ministry of Finance officials held a meeting to discuss the legal issues that need to be resolved for the issuance of a CBDC.