In addition, the achievement of the monetary base of 270 trillion yen at end-2014 requires that financial institutions’ current account balances held at the Bank reach 175 trillion yen. Again, this is extremely large.
Another example is the enhancement of surveillance tools on the exposures of banks and other supervised institutions to the real estate sector. The Monetary Board approved enhancements to the prudential reporting requirements for the supervised entities in order to strengthen oversight of their real estate and project finance exposures. Second, our Holistic and Inclusive Approach The economy’s stellar performance does not warrant complacency.