The answers provide basic information about the BOJ-NET JGB Services as they were in October 1997 (when the answers were prepared). The BOJ-NET funds transfer system is also referred to where necessary. Please note that the answers are intended to provide a general explanation, and the information may not apply to every individual case.
Utilization of Financial Institutions’ Self-Assessment in Enhancing Credit Risk Management Summary The government’s Prompt Corrective Action (PCA) measures to be implemented from April 1998 require financial institutions to conduct adequate assessment of their assets and to calculate appropriate ”loan-loss write-offs and provisions” based on their own internal rules and referring to guidelines of the authorities.