- Jul. 12, 2019
- Jul. 10, 2019
- Jul. 2, 2019
February 3, 2006
Bank of Japan
Documents mentioned below and the comments received are available in Japanese only, on the Bank's web site.
The Bank today decided to implement the next-generation real-time gross settlement (RTGS-XG) project.The project consists of two measures with a view to further enhancing the safety and efficiency of large-value payment systems in Japan.First, the Bank will introduce liquidity-saving features into the RTGS mode of the BOJ-NET Funds Transfer System.Second, the Bank will modify the BOJ-NET Funds Transfer System in order to incorporate large-value payments that are currently handled by two private-sector deferred net settlement systems into the new RTGS system with liquidity-saving features.
The Bank also released today a document titled "Framework for the Next-Generation RTGS Project of the BOJ-NET Funds Transfer System."The document describes the framework for the RTGS-XG project and the Bank's responses to the comments received from public consultation.
Prior to the Bank's decision today, the Bank released a consultation document about its proposal on the RTGS-XG project on November 29, 2005, and requested comments from interested parties.The comments indicated wide support for the Bank's proposal.The framework of the project is unchanged from that proposed in the consultation document.