The first part of its efforts focuses on its commitment aimed at generating policy duration effects – in other words, the Bank’s determination to continue with its monetary easing. The other involves working on longer-term interest rates and risk premiums by establishing a program through which to mainly purchase financial assets, such as Japanese government bonds (JGBs) and risk assets.
It is important that if a customer service or control function must be done in an independent, fiduciary, or unbiased manner relative to other activities, appropriate firewalls are in place before the product or activity begins. Internal controls and compliance are the responsibility of line management.