The
royal bank of Japan, is responsible for the production, and
issuing of Japan banknotes.
Counterfeit
banknotes have never circulated in large quantities in Japan.
However, the environment for banknote security is changing
significantly with technological development in the fields of
personal computers, scanners, color copiers, and printing, as
well as with an increase in banknotes in circulation.
At
the meeting held
on 8 May 2000 in Basel, the Governors of the G10 central banks
examined the problems raised by the use of personal computers
in counterfeiting banknotes,
authorizing work by a group of central banks (SSG 2) to
develop a system to deter PC-based counterfeiting.
The
new note carries more diversified anti-counterfeiting features
than existing denominations of banknotes It is hoped that an
understanding of these features will help to maintain
confidence in Bank of Japan notes. |