Skip to main content

New supervisory rules trigger alarm in Japanese banking system

The impact of a rigorous new Japanese bank inspection system is causing alarm at the country's banks, with many scrambling to shore-up fragile financial reserves ahead of its implementation in the next couple of months.

In the past, Japanese banks were not obliged to accept the findings of the Financial Service Agency's (FSA) inspectors or to reflect their results in account settlements. Authority to force compliance with findings was limited to the supervisory bureau of the Japanese watchdog, which often overlooked its inspectors’ own reports, Tokyo analysts said.

As a result, banks were able to deal with

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

Show password
Hide password

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