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European banks are chief concern, says Japan’s FSA

Jame DiBiasio
The country’s Financial Services Authority believes that deleveraging European banks pose a potential threat to Japan’s economy.
European banks are chief concern, says Japan’s FSA

The “hot topic” being watched by Japanese securities regulators is deleveraging by European banks and the potential for credit tightening in Asia, says Toshio Oya, assistant commissioner for international affairs at the Financial Services Authority.

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