金融庁Supervision of Internationally Active Banksunder Bas.ppt

Supervision of Internationally Active Banksunder Basel II (Cases of Japan) June 7, 2006 Shunsuke Shirakawa Director for International Banking FSA, Japan Supervision of Internationally Active Banks under Basel II (Cases of Japan) Basel II Implementation Framework in Japan timetable rulemaking validation/approval process pillar 2 framework Preliminary Analysis of QIS5 Results in Japan dispersion of change in minimum required capital (MRC) contribution to overall change in MRC by portfolio Challenges for Cross-border Application of Basel II divergence in implementation timetable cross-border consolidation methods possible criteria for add-up consolidation Challenges for Cross-border Supervision under Basel II　 promotion of home-host cooperation multilateral approach to cross-border cooperation Cross-border Consolidation Methods Possible Criteria for Add-up Consolidation (Impact of different domestic rules) 1. Are Basel II approaches available in host jurisdictions? 2. How significant is the difference in Basel II implementation rules between home and host jurisdictions? (Impact of adopted different approaches) 3. Is the add-up consolidation method applied on a temporary basis? 4. Is the subsidiary a non-significant business unit? 5. Is it possible to prevent regulatory arbitrage? Promotion of Home-Host Cooperation * 6th Annual Seminar on Policy Challenges for the Financial Sector: Cross-Border Supervisory Cooperation The World Bank/IMF/United States Federal Reserve Boards Available Basel II Approaches and their Implementation Dates in Japan Implementation Timetable Y2010 Y2009 Y2008 Y2007 Y2006 Applicable Approaches Floor 80% Floor 80% Jun End-Mar Dec Sep Floor 90% Floor 90% Jun End-Mar Dec Sep * * Jun End-Mar Dec Sep End-Mar Dec Sep Floor 95% Jun End-Mar Dec Sep Parallel Calculation Parallel Calculation Jun End-Mar AMA － BIA or TSA Op.Risk AIRB FIRB RSA Credit Risk Implementation of Basel II * Banks adopting IRB/AMA after year 2008 will be