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    JFSA to Amend Banking Act in Response to COVID-19 Pandemic

    August 06, 2021

    The Financial Services Agency of Japan (JFSA) has published multiple draft notices, orders, and ordinances to partially revise "Banking Act, Financial Instruments Act, and Deposit Insurance Act," among others, in response to the impact of COVID-19 pandemic. One of the notices addresses the capital adequacy requirements for banks amid COVID-19 pandemic. JFSA is requesting opinion on these publications until September 06, 2021.

    Comment Due Date: September 06, 2021

    Keywords: Asia Pacific, Japan, Banking, Regulatory Capital, Capital Adequacy Ratio, Basel, COVID-19, Banking Act, Financial Instruments, Deposit Insurance, JFSA

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