EU’s Basel delay could cause problems for Japan

Asia Risk Congress: unaligned timetables creates difficulties for Japan's megabanks

japan-flag

Japan’s megabanks could face significant challenges if their home regulator pushes ahead with Basel Committee on Banking Supervision reforms while regulators in the EU delay implementation of the final framework, according to a senior regulation expert for Mitsubishi UFJ Financial Group (MUFG).

“If your parent or the group is [operating] under the new regime whilst your subsidiary or subsidiaries are operating under the old regime, you have to run two engines,” said Tomohiro Ishikawa, MUFG’s

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

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account