• SHARE

The government cannot accept a request from the International Monetary Fund to conduct an assessment of Japan’s financial system, Financial Services Agency chief Hakuo Yanagisawa said Friday.

“With the current resources of the Financial Services Agency, we cannot afford to accept the assessment. I want (the IMF) to wait for a while,” Yanagisawa told a news conference, effectively confirming a media report that the IMF has asked the government to accept its inspection of the financial health of Japanese banks.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW