Bank of Japan Refuses Trader Requests to Work From Home
- Central bank is concerned off-site access risks cybersecurity
- Highlights Japan’s barriers to remote work during the pandemic
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The new normal of remote work has yet to reach the traders who deal with the Bank of Japan.
Japan’s central bank doesn’t allow home computers to connect to its network for conducting asset purchases and other market transactions, raising concerns at financial firms as coronavirus cases in Tokyo surge. At least three have asked the BOJ whether traders can participate in its operations from outside the office, only to be met with a refusal, people familiar with the matter said.