All posts tagged "Taro Aso"
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428FeatureJapan FSA Orders Mizuho to Explain Latest System Failure
Mizuho Bank and Mizuho Trust were unable to complete customer transactions at all branches counters across Japan due to equipment failures.
August 24, 2021 -
302Fintech / RegtechG7 Leaders Pledge to Develop Common Principles for CBDCs
CBDCs should operate within appropriate privacy frameworks and minimise spillovers, the G7 Finance Ministers said in a communique.
June 8, 2021 -
3.3KEnforcementUS SEC Opens Preliminary Investigation into Archegos Collapse
Credit Suisse expects a $4.7bn loss from the collapse of Archegos. The bank has suspended share buybacks, cut its dividend, and announced the departure of seven key executives.
April 7, 2021 -
393Fintech / Regtech
Japan Finance Minister to Take CBDC Debate to G7 Meeting
Taro Aso said at a press conference that he thinks it’s important to "thrash out" policy measures regarding digital currency issued by central banks.
February 11, 2021 -
655JapanJapan Banks Asked to Continue Lending as Stimulus Gets Green Light
Finance Minister Taro Aso is asking banks to continue supporting SMEs and to actively make use of hybrid lending, in light of a new 117tr yen stimulus package.
June 1, 2020 -
571Capital RegulationBOJ Targets Small Businesses with New Lending Facility
The 30tr yen facility will provide lending to businesses with interest-free funding, while paying a positive 0.1% interest on the amounts they lend to businesses.
May 24, 2020 -
606Asia-PacificJapan, Indonesia Agree to Local Currency Settlement for Trade, Investment
Japan and Indonesia have agreed on a local currency settlement deal that will allow the use of the yen and rupiah to settle bilateral trade and direct investment transactions.
December 6, 2019 -
951JapanJapan Delays Pension Reform Amid Political Fallout
An FSA report which highlighted the insufficiency of Japan's pension system has been withdrawn by the government ahead of a national election.
June 14, 2019 -
956Fintech / RegtechJapan to Allow Non-Banks to Handle Large Remittances
In a bid to improve remittance services in the country and promote fintech, Japan plans to ease limits on non-banks providing money transfer services.
February 21, 2019 -
735ChinaChina, Japan Agree To Enhance Financial, Regulatory Cooperation
Central bank and finance ministry officials from China and Japan have agreed to increase dialogue and cooperation on financial supervisory and stability efforts, while opening up financial markets to each other.
September 3, 2018
