The Financial Services Agency is extending provisions that help regional financial institutions get public funds in response to risks posed by Britain’s vote to leave the European Union, sources say.
The regulator, which oversees banks, securities brokerages and other financial institutions, is extending by five years a program that allows regional banks and credit unions to borrow from the public purse more easily, people knowledgeable about the matter said Tuesday.
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 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
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.