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Resolution Method in Japan

  • DICJ is equipped with full-fledged sets of resolution methods.
    • Purchase & assumption is preferred to payout as the least costly method.
The Prime Minister shall decides if the systemic risk exception is applied, after consulting with the Financial Crisis Management Council, which is chaired by the Prime Minister and consists of the Chief Cabinet Secretary, the Minister of Finance, the Minister of Financial Services, the Commissioner of the Financial Services Agency, and the Governor of Bank of Japan.
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