Professor Matsuo discussed fundamental principles of the Banking Act which governs business of foreign bank branches licensed in Japan. He also touched upon recent regulatory changes that affect foreign banks.
S&P bank analysts from the US and Europe examined structural reforms, including the implications of banking union in the EU and Volker rule in the US, and the impact of FSB & Basel decisions. They assessed the likely impact and key risks from global regulatory developments on the credit and stability of the US and European banking system.