With respect to the latter, the Bank has been trying to explain its overall judgment as clearly as possible in its Monthly Report on Recent Economic and Financial Developments and minutes of Monetary Policy Meetings. Such disclosure is stipulated in the new Bank of Japan Law.
We can discuss its finer details later …but I trust that its fundamental message is not lost on the thrift banking industry: the Basel core principles and the Basel Accord itself…regardless of version… have always been about recognizing the risks in the banking business as a protection to our ultimate constituents.