Japan looking to deregulate banks and brokers for attracting foreign investment - Instablogs
Japan looking to deregulate banks and brokers for attracting foreign investment
Gautam , Dehradun: Sep 8 2008
Made Popular Sep 8 2008
In a move which could increase FDI in the financial sector in Japan the prime minister of the country has asked the financial regulators to come up with measures for relaxing rules with regards to separation of banking and broking businesses. As of now...
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I don’t see why Japan would want to adopt a more lax regulatory environment in this financial climate when deregulation is exactly what has contributed to the current financial downturn.
I don’t think this is in the best interest for Japan’s financial industry.
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