The Financial Services Agency (FSA) and the Bank of Japan (BOJ) have been taking initiatives toward data integration with a view to further enhancing their monitoring capabilities and reducing the burden on financial institutions. In fiscal 2023, the FSA and the BOJ considered practical operations and started to collect granular data in a phased manner to establish a novel framework for data collection and management (common data platform). We have published a summary of the progress and next steps as follows:
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Japan Financial Services Agency: Progress In Common Data Platform And Next Steps
Date 01/07/2024