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What role does the Bank of Japan play in settlement?
Bank of Japan (Tell me! Nichigin)
Claims Supported by This Source
- Ensuring the smooth settlement of funds among financial institutions is one of the Bank of Japan's objectives (Article 1 of the Bank of Japan Act).
- The Bank of Japan provides banknotes and Bank of Japan current accounts, and operates the Japanese Government Bond Book-Entry System and the BOJ-NET.
- Conducts oversight of private-sector financial market infrastructures.
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