The total amount of loans provided through the two rounds of loan disbursements carried out by the Bank so far is about 1.5 trillion yen, which is already about half of the maximum amount of loans – 3 trillion yen – to be disbursed under the measure, with a year and a half still remaining until June 30, 2012, when the last disbursement of new loans is to take place.
For the legal dimension of the SSM, preparations include development of the so called Framework Regulation on covering cooperation within the SSM, among other things. In this respect, a public consultation is expected to take place during first half of 2014. Banking supervision requires a smooth flow of information between banks and supervisors.