BOJ to bar private funds holdings - report

The Bank of Japan plans to prohibit its senior officers from trading in stocks and holding stakes in private investment funds, the Nihon Keizai Shimbun reported Wednesday 5 July, without identifying any sources.

The move follows revelations that Bank of Japan governor Toshihiko Fukui held a stake in a fund formerly managed by Yoshiaki Murakami, who has been indicted for alleged insider trading

The newspaper said the new rules will prohibit officials from holding stakes in private investment

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