PRESS RELEASE

11 December 1998
Financial Supervisory Agency

The Eleventh Meeting of the "Working Group on Financial Inspection Manuals"

The Eleventh meeting of the Working Group on Financial Inspection Manuals was held today at the Financial Supervisory Agency (FSA).

The Group's discussion focused on risk management (general principle) and compliance and credit risk management ;

-- the Group discussed the draft checklist risk management (general principle) and compliance.

-- the Group discussed the draft manual on credit risk management.

The next meeting is scheduled on 16 December.

For

Toshitake KUROSAWA

Inspection Department, FSA

Phone 03-3506-6000 ext.3269

Fax 03-3506-6119