IBA INFORMATION FORUM LUNCHEON
| Date: |
Tuesday, June 5, 2007 |
| Time: |
12:15 – 13:45 |
| Venue: |
JPMorgan, Tokyo Building
32F, Morgan Center, 2-7-3 Marunouchi, Chiyoda-ku |
| Cost: |
Y5,000 (Payable at the door) |
Bank of Japan On-Site Examinations and Off-Site Monitoring
Guest Speakers:
Mr. Kazuhiro Masaki, Mr. Shinichiro Hayashi, Mr. Soichi Sato,
Financial Systems and Bank Examination Department, Bank of Japan
(This presentation was conducted in Japanese with English interpretation)
The IBA welcomed three BOJ Directors, who addressed members on BOJ examinations.
THE PURPOSE OF BOJ'S ON-SITE EXAMINATION
Mr. Kazuhiro Masaki, Director for Planning for Financial Stability, discussed the purpose of the BOJ's on-site examinations.
BOJ'S ON-SITE EXAMINATION POLICY FOR FISCAL 2007
Mr. Shinichiro Hayashi, Director of Bank Examination Planning and Support, discussed the BOJ's on-site examination policy for fiscal 2007, focusing on the following issues:
• A review of fiscal 2006
• Core elements of the BOJ's on-site examinations as it applies to fiscal 2007
• General principles for practical implementation of examinations
BOJ'S OFF-SITE MONITORING OF FOREIGN FINANCIAL INSTITUTIONS
Mr. Soichi Sato, Director, Head of Surveillance of Foreign Banks & Head of Securities Business Surveillance, discussed the roles and activities involved in the BOJ's off-site monitoring of foreign financial institutions.