Japanese FSA Establishes Committee on Settlement

Like other markets in the wake of September 11, the Financial System Council of Japan agreed on 31 July to establish a project team to investigate a "safety net" for the local payment and settlement systems in Tokyo. The members

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Like other markets in the wake of September 11, the Financial System Council of Japan agreed on 31 July to establish a project team to investigate a “safety net” for the local payment and settlement systems in Tokyo. The members of the project team are:

(Chairperson)

Mr.Shoichi Royama – President of Takaoka National College

Mr.Kazuhito Ikeo – Professor of Economics, Keio University

Ms.Yuri Okina – Chief Senior Economist, Economics Department, The Japan Research Institute Limited

Mr.Hideki Kanda – Professor of Law, University of Tokyo

Mr.Naoyuki Yoshino – Professor of Economics, Keio University

(Observer)

Mr.Taku Oizumi Associate Director, Financial and Payment System Office Bank of Japan

Mr.Taturo Watababe Deputy Governor, Deposit Insurance Corporation of Japan

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