We are also considering adjusting another element of the SCB proposal in order to provide more notice to firms. Currently, and under the SCB proposal, a firm must decide whether to increase or decrease its planned dividends and share repurchases for the upcoming year without knowledge of a key constraint: the results of the stress test.
Looking at developments in the East Asian region, which is closely tied with Japan’s economy, while the NIEs have been improving on the whole, mainly due to a pick-up in domestic demand, the ASEAN economies have been lacking growth momentum.