A group of over 70 companies, banks, and organisations plans to bring a digital currency known as DCJPY into circulation in the second half of 2022.
November 25, 2021Synthetic JPY LIBOR may be used if the contracting parties agree to do so, as well as in "exceptional cases" where it is difficult to proceed with negotiations.
November 24, 2021The BOJ is amending the limits on the interest it pays under its programme to revitalise regional banks, announced last November.
November 18, 2021The strategy highlights efforts to enhance disclosures, develop green bond markets, and ensure FIs manage climate risk and support borrowers.
November 9, 2021More than 85% of loans and over 99% of derivatives that reference JPY LIBOR and mature after 2021 already incorporate fallback provisions.
November 2, 2021In its financial system report, the BOJ said the delayed economic recovery is raising credit risks, particularly in the highly-leveraged real estate sector.
October 28, 2021While the BOJ still has no plan to issue CBDC, the inability to ensure interoperability with other countries could create issues for Japan.
October 18, 2021Japan would become the first G7 government to use its foreign reserves for ESG investments, as it ramps up efforts to combat climate change.
October 13, 2021Input is sought on the special circumstances in loan and bond contracts that would make transition difficult and the specific details of such circumstances.
October 5, 2021The BIS and seven central banks have published three new reports exploring practical policy and implementation issues of general purpose CBDCs.
October 1, 2021