Articles and Useful Information

International Financial Law Review 2013: Guide to Japan

The IFLR 2013 Guide to Japan includes an article about the International Bankers Association of Japan (IBA Japan) and the newly-established Japan Financial Markets Council (JFMC). 

Paul Hunter, Secretary General of IBA Japan, discusses the aims and priorities of the Association, highlights some of the challenges facing foreign financial firms doing business in Japan, and identifies some of the issues the Association will be focusing on in the coming year.

BoJ New Policy Direction

On the 4th April the BoJ outlined said they have set a price stability target of 2% to be achieved within about two years and this will be achieved through quantitative and qualitative monetary easing measures. The BoJ will double over the next two years the monetary base and the amounts outstanding of Japanese government bonds (JGBs) as well as exchange-traded funds (EFTs) and they will also more than double the average remaining maturity of JGB purchases.

Foreign Banks in Japan Survey 2012

KPMG has released its annual survey of the published financial statements of foreign banks in Japan.

The condensed financial statements are prepared and published in accordance with the requirements of the Banking Law of Japan, and all financial information is extracted principally from publicly available information, with the exception of certain information voluntarily provided by the bank survey participants.

The survey is part of a comprehensive series of publications issued globally by KPMG’s Financial Services practices.

IBA Recommendations For Further Financial Reforms To Promote Economic Growth

このページは英語のみとなります

On March 25, 2010, the IBA published a position paper to offer our recommendations to the Government of Japan on how further financial reforms could help to promote economic growth. We hope that this paper will make a positive contribution to the debate about strengthening Japan’s economy.

Use the link below for the full paper in both English and Japanese.