Ministry Of Finance Working Groups Deliver Guidelines, Ban Rollovers

REGULATIONS

At long last, the three working groups that operate under the auspices of the Japanese Ministry of Finance have released separate reports on the foreign exchange market in Japan. The reports, which are expected to prompt regulatory changes, include suggestions to ban historical rate rollovers.

Although there haven't been any changes yet, a Bank of Japan official says that the Ministry of Finance "will try to implement what these three committee reports suggest." Therefore, foreign exchange pa