Japan's Financial Services Agency (FSA) and Bank of Japan (BOJ) launch joint data platform to modernise bank supervision
By Financial Services Agency Japan
Japan's FSA and BOJ have commenced full-scale data collection through a new common data platform aimed at centralising supervision of the country's financial institutions. The joint initiative enables regulators to collect high-granularity data from banks to enhance risk monitoring capabilities and reduce the industry's reporting burden through improved data integration.
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