(Published March 21, 2017) The Bank of Tokyo Mitsubishi is based nearly 6,000 miles away from London and conducts most of its business in its home country through 750 domestic branch offices. Therefore BTMU’s management might have once expected to be answerable only to Japanese regulators. Selwin Parker comments.
(Published March 21 2017) APRA has proposed two ‘parallel runs’. Assuming APRA sticks to the proposed timelines, our expert suggests a few options for tackling implementation and parallel run.