Basel securitisation reform creates 'perverse incentives’, says senior Japanese banker


Higher risk weights for all securitised products without regard for the underlying risk under Basel III will make it more difficult to securitise and may even incentivise repackaging of riskier assets, according to a senior figure at Norinchukin Bank.

Takashi Oyama, counsellor on global strategy to the president and board of directors at Norinchukin Bank, was speaking at the Risk Japan conference in Tokyo today and referred to the consultation paper released by the Basel Committee on Banking

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account