CHRONOLOGY

2003 Banking Crisis contained under BoJ + FSA co-operation and Takenaka manages the IMF FSAP successfully
2001 Ex MoF Yanagisawa fails to postpone IMF FSAP and manage FSA warehousing of MoF's NPL roll forward

 

GLOSSARY

FSAP Japan IMF Financial System Assessment Programme highly unwelcome FSA competency audit cf Article IV, maladministration
FSAP Japan 2003 Article IV Consultations or IMF country surveillance Heizo Takenaka's work ensured that the NPL disclosure threat was averted
Article IV IMF regular financial overview FSAP saga of the crucial FSAP Japan 2003 cf maladministration, FSAP Japan

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