2010 IBA BSC GMs Meeting and Reception
The IBA’s Banking Sector Committee (BSC) held its fifth General Managers Meeting and Reception on February 24 at Standard Chartered Bank’s Priority Banking branch in Marunouchi. Some 40 people, including 28 GMs, attended the meeting which featured a special address by Mr. Tokio Morita, Director of the Banks Division I of the FSA’s Supervisory Bureau. Mr. Morita summarized Japan’s financial system crises since the 1980s, drawing attention to lessons for banks and regulators. He also discussed how the FSA is changing its supervisory approach in light of the global financial crisis, and implications for foreign banks in Japan. A lively question and answer session followed.
After the speech, 80 people attended a reception for GMs as well as other senior IBA member bankers and high-ranking officials from the FSA, the BOJ and the SESC. This afforded IBA member bankers and senior government officials the opportunity to speak directly to one another in a relaxed setting. The bankers and government officials appreciated the opportunity to interact in a relaxed setting. The event contributed to the shared goal of increasing dialogue between the financial authorities and market participants.
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2010 IBA Banking Sector Committee (BSC)
General Managers Meeting
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Mr. Patrick Gillot, IBA BSC Chairman
(CEO Japan
Standard Chartered Bank) |
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Mr. Tokio Morita
Director, Banks Division I
Supervisory Bureau, FSA |
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Q&A Session |
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2010 BSC GMs Reception
Welcome by IBA Chairman Paul Kuo
(CEO & President
Representative Director
Credit Suisse Securities Japan) |
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