Regulated institutions and shadow banking While the term "shadow banking" implies activity outside the purview of regulatory oversight, regulated institutions are in fact heavily involved in these activities, both in funding their own operations and in extending credit and liquidity support to shadow banks beyond the regulatory perimeter. Support provided for shadow banking activities may be either explicit or implicit.
Masaaki Shirakawa: Reviewing the economies of Switzerland and Japan Remarks by Mr Masaaki Shirakawa, Governor of the Bank of Japan, at the 30th Anniversary Luncheon of the Swiss Chamber of Commerce and Industry in Japan (SCCIJ), Tokyo, 10 October 2012.