FSA Weekly Review No.147 May 27, 2015

What’s New on the FSA Website

Week of May 18 – May 22, 2015

This page contains the latest in events, developments, and updates to the FSA website.

Press Conferences

May 20, 2015: Press Conference by the Minister for Financial Services (May 19, 2015) Japanese versionopen new window
May 18, 2015: Press Conference by the Minister for Financial Services (May 15, 2015) (Available in Japaneseopen new window)

Public Comments

(The following public comments are available in Japanese)

May 22, 2015: Publication of draft amendments to the "Supervisory Guidelines for Small Amount and Short Term Insurance Providers" for the implementation of the 2014 revisions of the "Insurance Business Act"open new window
«Summary»
The FSA proposed draft amendments to the "Supervisory Guidelines for Small Amount and Short Term Insurance Providers" for the implementation of the 2014 revisions of the “Insurance Business Act.”
The amendments update the rules regarding insurance solicitors’ obligations to provide adequate information to customers, work to accommodate the intentions of customers, and develop the compliance system for appropriate insurance solicitation. The amendments also introduce the clarification of insurance solicitation.
May 15, 2015: Publication of draft amendments to the regulatory notices on the leverage ratio requirement for internationally active banksopen new window
«Summary»
The FSA proposed draft amendments to the regulatory notices on the leverage ratio for internationally active banks. The regulatory notices on non-consolidated banking business have been added to the regulatory notices on the disclosure of consolidated leverage ratio, which has been applied from March 2015.

Press Releases

(The following press releases are available in English)

International

May 18, 2015: PDFPublication of the “Consultation Report Concerning Sound Practices at Large Intermediaries: Alternatives to the use of credit ratings to assess creditworthiness” by the International Organization of Securities Commissions (IOSCO)open new window

Councils

May 20, 2015: The second meeting of the Working Group on Financial Group of the Financial System Council (May 26th, 2015)

Banks

May 22, 2015: Corrections to Data in “The Status of Non-performing Loans”

Others

May 18, 2015: Updated list of issuers of gift certificates in repayment procedures based on the "Payment Services Act"

(The following press releases are available in Japanese)

Councils

May 20, 2015: Publication of the agenda and handouts of the first meeting of the Working Group on the Financial Group of the Financial System Councilopen new window
«Summary»
The FSA published the agenda and handouts of the first meeting of the Working Group on the Financial Group of the Financial System Council, which was held on May 19, 2015.

Banks

May 19, 2015: Outline of the "Report on the measures for the resolution of failed financial institutions" delivered by the Minister of State for Financial Services, Taro Aso, in the Committee on Financial Affairs of the House of Councilorsopen new window
«Summary»
On May 19, 2015, the Minister of State for Financial Services, Taro Aso, delivered an outline of the “Report on the measures for the resolution of failed financial institutions” in the Committee on Financial Affairs of the House of Councilors. The report on the period, which extended from October 1, 2013 to March 31, 2014, was submitted to the Diet on June 20, 2014, pursuant to the "Act on Emergency Measures for the Revitalization of the Financial Functions."

Securities

May 22, 2015: Updated list of qualified institutional investors engaging in a specially permitted business who are operating financial instruments business without proper registration (Kanto Local Finance Bureau)open new window
«Summary»
The FSA (Kanto Local Finance Bureau) issued a warning to qualified institutional investors engaging in a specially permitted business who provided false information to their customers.
May 22, 2015: The first hearing of an administrative penalty case against a person for market manipulation regarding the shares of Takada Corporation will be held on May 29, 2015open new window
«Summary»
On May 29, 2015, the first hearing of an administrative penalty case against a person for market manipulation regarding the shares of Takada Corporation will be held.
May 22, 2015: Updated list of entities that are operating financial instruments businesses without proper registration (Kanto Local Finance Bureau)open new window
«Summary»
The FSA (Kanto Local Finance Bureau) issued warnings to entities that are operating financial instruments businesses without proper registration.
May 19, 2015: Administrative penalty charge against an individual for market manipulation regarding the stocks of Trust Co., Ltd.open new window
«Summary»
On May 18, 2015, the FSA issued an order to impose an administrative penalty charge against an individual for market manipulation regarding the stocks of Trust Co., Ltd.

Site Map

top of page