Central Banking

Japan's RTGS to go live Jan 4 as planned

The Bank of Japan said Jan 2 it would launch its new real-time gross settlement system for bond and money market trading on Thursday, as planned. The BOJ made the announcement after earlier conducting a last-minute systems test to make sure all connections were in place.

"We think there are no problems whatsoever. The system will be implemented on Jan. 4 as scheduled," a senior BOJ official told reporters at a press conference. The central bank and more than 500 financial institutions shifted

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