Skip to main content

Three Japanese banks consider new CVA approach

Industry working group formed to discuss introducing accounting adjustment

Wallet containing a yen banknote
Credit valuation adjustments could make derivatives trading more costly

Japanese banks have formed a working group to explore the introduction of an accounting adjustment for derivatives counterparty credit risk, which could increase the cost of trading for local corporates.

The Japanese Bankers Association (JBA) has formed a group including Mitsubishi UFJ Financial Group, Mizuho and Sumitomo Mitsui Banking Corporation to discuss the measure, known as accounting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Want to know what’s included in our free membership? Click here

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here