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The corruption-plagued Bank of Japan has set up an in-house committee to discuss matters concerning legal compliance by its officials, the central bank said March 27.

Led by Senior Deputy Gov. Sakuya Fujiwara, a former journalist, the panel includes an executive director, the audit office chief and an outside lawyer. The committee is to first examine the adequacy of operations at BOJ divisions that deal with financial institutions, Executive Director Takayuki Kamoshida said.

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