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The Bangko Sentral Ng Pilipinas (BSP), together with the other financial sector regulators and the Department of Finance (DoF), made significant progress in developing a framework for macroprudential supervision. The BSP plays a central role as the bank and payment system supervisor, as well as...
Persistent link: https://www.econbiz.de/10015060386
The Philippines is a dynamic economy with a relatively smaller financial system than other Asian emerging market …
Persistent link: https://www.econbiz.de/10015060387
The Philippines is highly vulnerable to risks from climate change. The Philippines is categorized as one of the world … hits the Philippines, it could potentially cause a systemic impact. All major cities and most of the population reside on …
Persistent link: https://www.econbiz.de/10015060388
The government of Japan has pledged to substantially reduce greenhouse gas (GHG) emissions in the coming decade. Japan … Japan's overall exposure to physical risk is considered as very high due to the changing climate and the impact of the … Convention, Japan has set an interim target to reduce GHG emissions by 46 percent from 2013 levels until 2030, with an objective …
Persistent link: https://www.econbiz.de/10015058443
monitoring of fintech in Japan. It focuses on the institutional arrangements for fintech monitoring, as well as the approach that … framework in Japan, and the approach of the Financial Services Agency (FSA) to licensing and supervision of crypto exchanges …
Persistent link: https://www.econbiz.de/10015058444
Japan has made progress in improving its crisis readiness since the 2017 FSAP, and the authorities are committed to …-on experience with managing bank failures and financial crises is fading in Japan, while the financial system is evolving and …
Persistent link: https://www.econbiz.de/10015058445
monitoring of investment funds in Japan. It focuses on the requirements that are directly relevant to maintaining financial … management activities in Japan; ii) apply the domestic regulatory framework pertinent to investment funds; and iii) supervise …
Persistent link: https://www.econbiz.de/10015058446
Japan's financial system is digitalizing rapidly, increasing exposure to cyber risk. As in other jurisdictions, the … pace of digitalization in Japan has increased substantially, but cyber incidents have also surged in recent years. The … tight interdependencies within its financial system, and beyond, make Japan vulnerable to evolving cyber threats. The …
Persistent link: https://www.econbiz.de/10015058447
effectiveness of banking supervision and regulation in Japan. The scope of the work focused on the key findings from the 2017 Basel …
Persistent link: https://www.econbiz.de/10015058448
The Japanese financial system has remained resilient through a series of shocks including the COVID-19 pandemic. Japan …
Persistent link: https://www.econbiz.de/10015058449