Japan regulator warns banks on interest rate risk

TREE NEWS update: Japan’s financial regulator is closely monitoring whether banks are properly managing risks from rising interest rates across bond holdings, corporate loans, and ultra-long-term mortgages. Financial Services Agency Commissioner Yutaka Ito said the agency has full visibility into financial institutions’ asset conditions and is reviewing their risk management. “If we find deficiencies, we will urge them to take corrective measures,” Ito said.