PRESS RELEASE

16 December 1998
Financial Supervisory Agency

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

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

The Group's discussion focused on credit risk management and market risk management and liquidity risk management;

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

-- the Group discussed the draft checklist market risk management and

liquidity risk management.

The next meeting is scheduled on 18 December.

For

Toshitake KUROSAWA

Inspection Department, FSA

Phone 03-3506-6000 ext.3269

Fax 03-3506-6119