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Bloomberg Markets and Finance published this video item, entitled “BOJ Calls for Faster Progress on Libor as Expiry Nears” – below is their description.
Jun.03 — The head of the Bank of Japan’s financial markets department says the country must accelerate efforts to prepare for the transition away from Libor. Akira Otani exclusively told Bloomberg the biggest risk for the switch is that some institutions may choose to save money by waiting to see what others do first.Bloomberg Markets and Finance YouTube Channel
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In This Story: Japan
Japan is divided into 47 administrative prefectures and eight traditional regions. The Greater Tokyo Area is the most populous metropolitan area in the world, with more than 37.4 million residents.
Japan is a great power and a member of numerous international organizations, including the United Nations (since 1956), the OECD, and the G7. Japan is a leader in the automotive and electronics industries.