Yamaichi Collapse Marks 'Cultural Change' In Japan


THE failure of Japanese regulatory authorities to bail out Yamaichi Securities signals a new tougher attitude towards bank regulation in Japan, according to risk management experts contacted by RMO.

"This marks a major cultural change," says Maarten Nederlof, a senior vice president of New York-based Capital Markets Risk Advisors. This view is echoed by sources in the Japanese financial markets -- one source says the decision to let Yamaichi go under "marks a milestone" in Japan's regulatory

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

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