IMF Staff Country Reports

Japan: Financial Sector Assessment Program-Detailed Assessment of Observance on Basel Core Principles for Effective Banking Supervision

September 18, 2017

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Japan: Financial Sector Assessment Program-Detailed Assessment of Observance on Basel Core Principles for Effective Banking Supervision, (USA: International Monetary Fund, 2017) accessed September 20, 2024

Summary

This report assesses the observance of Basel Core Principles for Effective Banking Supervision in Japan. Banking regulations and supervisory processes have undergone significant improvements since the last Financial Sector Assessment Program. The Japan Financial Services Agency is in the process of reforming its supervisory practices and has been shifting its focus from assessing compliance with prudential requirements to a more sophisticated and forward-looking risk-based approach to supervising banks and bank holding companies. Although the supervisory framework is generally sound, some key priority areas need to be addressed. Corporate governance and risk management remains an area that needs further work to strengthen independence of boards.

Subject: Bank risk management, Bank supervision, Banking, Capital adequacy requirements, Credit risk, Financial regulation and supervision, Internal controls, Liquidity risk, Market risk

Keywords: Asia and Pacific, Bank risk management, Bank supervision, Banking group, Board of directors, Business model, Central bank, CR, Credit risk, Credit risk, Global, Holding company, ISCR, JFSA Commissioner, Liquidity risk, Market risk, Risk profile, Senior management, Trading bank

Publication Details

  • Pages:

    229

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2017/282

  • Stock No:

    1JPNEA2017005

  • ISBN:

    9781484319710

  • ISSN:

    1934-7685

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