Bank of Japan
Established in 1882 under a 30-year charter, and then extended for a further 30 years. In 1942 the original legislation was superseded by law N°. 67 February 1942, when the bank became a permanent institution. Further substantial amendments occurred in 1949 with the appointment of a policy board, with the authority to formulate monetary and credit policies and supervise execution of such policies by bank officials. The Bank of Japan law (promulgated on 18 June 1997, enforced on 1
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