IMF Staff Country Reports

Japan: Financial Sector Assessment Program-Technical Note on Banking Supervision and Regulation Selected Issues

May 13, 2024

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Japan: Financial Sector Assessment Program-Technical Note on Banking Supervision and Regulation Selected Issues, (USA: International Monetary Fund, 2024) accessed December 21, 2024

Summary

The Financial Sector Assessment Program (FSAP) carried out a targeted evaluation of issues relating to the effectiveness of banking supervision and regulation in Japan. The scope of the work focused on the key findings from the 2017 Basel Core Principles (BCP) Detailed Assessment Report (DAR) and the transformation of the supervisory approach by the Financial Services Agency (FSA) undertaken since the last FSAP. The overall conclusion of the 2017 DAR was that the supervisory framework was generally sound, but some key priority areas were identified as needing to be addressed. This note reviews progress made in these areas as well as examining the fundamental shift to a more risk-focused, principles-based supervisory approach than before.

Subject: Capital adequacy requirements, Commercial banks, Early warning systems, Financial crises, Financial institutions, Financial regulation and supervision, Financial Sector Assessment Program, Financial sector policy and analysis, Financial stability assessment, International organization, Monetary policy

Keywords: Capital adequacy requirements, Commercial banks, Context of the Financial Sector Assessment Program, Early warning systems, Financial Sector Assessment Program, Financial stability assessment, FSA Mandate reform, FSA organogram, FSAP's finding, Global, Interagency cooperation, Supervisory approach

Publication Details

  • Pages:

    46

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2024/112

  • Stock No:

    1JPNEA2024004

  • ISBN:

    9798400275722

  • ISSN:

    1934-7685