The Effect of the Regulatory Climate on Legislation I think it worth noting how all these reforms may affect the debate about the BIS Review 24/1997  -5-  corporate structure of bank holding companies -- specifically whether bank holding companies should be granted the option of moving activities prohibited to the bank into a subsidiary of the bank, and thereby funding those activities with subsidized funds.
In the process of discussion to reach the monetary easing decision in March, because of cyclical adjustment in IT-related areas worldwide coinciding with Japan’s structural adjustment, I could not help but forecast that the economy would worsen considerably in the future.