Bank of Japan

Trading & Investment

BOJ Pledges No Rate Hikes While Markets are “Unstable”

By Editors | 08/08/2024

BOJ’s recent rate hike prompted a significant unwinding of the Japanese yen carry trade which fueled a rout in global stock markets.

Emerging Prudential Risks

BOJ Raises Interest Rate to Highest Level Since 2008

By Editors | 01/08/2024

The BOJ also said it would gradually reduce its monthly bond buying from JPY 6 trillion to JPY 3 trillion by Q1 2026.

Trading & Investment

Japan Seeking More Foreign Participation in JGB Market

By Editors | 31/07/2024

The government reportedly plans to designate brokerage firms to work on outreach activities to attract overseas investors into the JGB market.

Data Privacy

Japan Issues Update on Granular Data Reporting Initiative

By Manesh Samtani | 08/07/2024

The FSA and BOJ started collecting granular data in a phased manner in fiscal 2023. Full-scale data collections will start in March 2025.

Structural Regulation

Japan FSA Working to Enhance Transparency of Shareholders

By Manesh Samtani | 19/06/2024

Custodians typically exercise voting rights based on instructions from beneficial shareholders, but it is often difficult to identify who those shareholders are.

Climate Risk

Japan Outlines Plans for Next Climate Scenario Analysis Exercise

By Editors | 14/05/2024

The results of the first exercise were published in August 2022. The second exercise will cover a shorter time horizon.

CBDCs

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.

Credit Risk

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.

Market Risk

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.