Postal savings funds deposited with the Ministry of Finance’s Trust Fund Bureau were on-lent to the FILP, and the Development Bank of Japan, which acquired the assets of the Reconstruction Finance Bank in 1952, allocated funds for industrial development to meet national and regional development goals, as one of the major recipients of FILP funding.
BIS Review 119/2009  7  So far, the colleges have worked well where the law is sufficiently stringent in defining their tasks, as for instance in the validation of the intermediaries’ internal risk measurement models. The results have been less satisfactory where the functioning of colleges is based on voluntary commitments.