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Strategies & Market Trends : Asia Forum

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To: Mark Myword who wrote (4429)6/12/1998 1:12:00 AM
From: Steve Tauscher  Read Replies (1) of 9980
 
William and Zeev,

Couldn't find an article but found this on SI from Japan thread...

To: chirodoc (828 )
From: Robert Barry Tuesday, Mar 31 1998 7:38AM ET
Reply # of 1123

From a recent article:

<====================================================================
"The adoption of the new method, which the Ministry of Finance (MOF) decided to introduce from March 31, allows banks to evaluate share holdings at book value rather than market price, thus enabling them to avoid posting appraisal losses."
====================================================================>

...looks like it has taken effect only recently...

Best Regards,
Steve T

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