Sumitomo Mitsui Financial Group 2021 Financial Overview
Safeguards before incurring losses at PoNV
- safeguards to prevent systemic disruption
PONV
Prior to
Framework
Liquidity support and capital injection
Specified Item 1 Measures set forth in the Deposit Insurance Act
("DIA")
Subject entities
Financial institutions
Including banks and bank holding
companies ("BHCs")
Capital injection
Banks and BHCs
Act on Special Measures for Strengthening Financial Functions
Capital injection
PONV
suspension of
payment or having
negative net worth
Item 1 Measures set forth in the DIA
Financial assistance for orderly resolution
Specified Item 2 Measures set forth in the DIA
Posterior to
Financial assistance exceeding payout cost or
Temporary nationalization
Banks and BHCs
Financial institutions
Including banks and BHCS
Banks
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