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Japan FSA’s Ariizumi on Basel delays and regulating AI

Outgoing international affairs chief issues rallying call for Basel III adoption, saying Japan has “kept its promise”

Shigeru Ariizumi outside the Japan FSA
Credit: FSA image – wikimedia https://shorturl.at/txFQj

When Shigeru Ariizumi started out in his role presiding over international affairs at Japan’s Financial Services Agency four years ago, it was expected that jurisdictions would soon get on with finishing the job of implementing the post-crisis banking capital rules known as Basel III.

Ariizumi can say that the FSA has kept up its end of the bargain. The country’s three largest banks adopted the

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