TOKYO (Reuters) – Japanese regulators will work towards allowing financial institutions to temporarily exempt deposits they park with the central bank in calculating how much their assets are exposed to risk, the Bank of Japan said on Wednesday.
“The Financial Services Agency and the BOJ have confirmed that Japan’s financial system has been maintaining stability as a whole,” the BOJ said in a statement issued after a teleconference meeting between the two agencies.
(Reporting by Leika Kihara; Editing by Chris Gallagher)
