BOJ strengthens internal regulations

The Bank of Japan's board approved internal rules on Friday 21 July that ban its leadership from engaging in most types of transaction.

The new rules will come into force immediately, and prevent central bank executives from trading in most financial products during their terms.

They apply to the governor, two deputy governors and the six other members of the policy board, as well as six executive directors.

Under the new rules the governor, two deputy governors and the six board members will ha