The Bank, together with the Financial Services Agency (FSA), has been taking part in discussions on financial regulatory and supervisory reform at various international forums such as the Basel Committee on Banking Supervision and the Financial Stability Board, and I myself have been attending many of those forums.
Given that a robust global financial system is in the common interest of all countries, I believe it is critical for each country to contribute to the construction of internationally consistent rules and to establish a regulatory and supervisory framework that properly reflects differences between countries, such as in their financial structure. The Bank will continue to make contributions in these areas.