FSA Weekly Review No.158 August 12, 2015

What’s New on the FSA Website

Week of August 3 – August 7, 2015

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

Press Conferences

August 5, 2015:	Press Conference by the Minister for Financial Services (August 4, 2015) Japanese version
August 3, 2015:	Press Conference by the Minister for Financial Services (July 31, 2015) (Available in Japanese)

Public Comments

(The following public comment is available in Japanese)

August 7, 2015:	Publication of draft amendments to cabinet office ordinances and regulatory notices to introduce Basel III capital buffer for internationally active banks «Summary» The FSA proposed draft amendments to cabinet office ordinances (including the Order Providing for the Categories, etc. Prescribed in Article 26, Paragraph (2) of the Banking Act) and regulatory notices to introduce Basel III capital buffer rules for internationally active banks. The capital buffer rules will be phased in from 2016 through 2019 based on international consensus. The FSA will finalize the ordinances and notices after a one-month public-consultation.

August 7, 2015:

Publication of draft amendments to cabinet office ordinances and regulatory notices to introduce Basel III capital buffer for internationally active banks

«Summary»
The FSA proposed draft amendments to cabinet office ordinances (including the Order Providing for the Categories, etc. Prescribed in Article 26, Paragraph (2) of the Banking Act) and regulatory notices to introduce Basel III capital buffer rules for internationally active banks. The capital buffer rules will be phased in from 2016 through 2019 based on international consensus. The FSA will finalize the ordinances and notices after a one-month public-consultation.

Press Releases

(The following press releases are available in English)

Banks

August 7, 2015:	FSA publishes the status of loans held by all banks as of the end of March 2015, based on the Financial Reconstruction Act

Publication

August 3, 2015:	Publication of the 145rd issue of the FSA’s monthly journal, Access FSA

Others

August 7, 2015:	Updated list of issuers of gift certificates in repayment procedures based on the "Payment Services Act"
August 7, 2015:	Establishment of “Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code”

(The following press releases are available in Japanese)

Banks

August 4, 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 Councillors «Summary» On August 4, 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 Councillors. The report, addressing the period extending from April 1, 2014 to September 30, 2014, was submitted to the Diet on December 16, 2014, pursuant to the "Act on Emergency Measures for the Revitalization of the Financial Functions."

August 4, 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 Councillors

«Summary»
On August 4, 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 Councillors. The report, addressing the period extending from April 1, 2014 to September 30, 2014, was submitted to the Diet on December 16, 2014, pursuant to the "Act on Emergency Measures for the Revitalization of the Financial Functions."

Securities

August 7, 2015:	Updated list of qualified institutional investors engaging in specially permitted businesses who were given warnings by the FSA against operating financial instruments businesses without proper registration and/or providing false information (Kanto Local Finance Bureau and Kinki Local Finance Bureau) «Summary» The FSA (Kanto Local Finance Bureau and Kinki Local Finance Bureau) issued warnings to qualified institutional investors engaging in specially permitted businesses found to be operating financial instruments businesses without proper registration¹, in addition to those found to be providing false information to their customers². Kabushiki Kaisha Unlimited^, e-asset management co.ltd,, and Asset-Creation Co., Ltd., JPM Co., Ltd, NOA Asset Management Kabushiki Kaisha^, and H2Trading were warned against operating financial instruments business without proper registration. Kabushiki Kaisha Unlimited^, Kabushiki Kaisha J-KŌRĒRU^, e-asset management co.ltd., Asset-Creation Co., Ltd, AJ ASSET CREATION co.,ltd., RISK MANAGEMENT BRAIN Co. Ltd., JPM Co., Ltd., and NOA Asset Management Kabushiki Kaisha^* were warned against providing false information to their customers. *Corporate name in Roman characters/bilingual (English) corporate name not available
August 7, 2015:	Administrative penalty charge against an individual for market manipulation regarding the stocks of TAKADA CORPORATION «Summary» On August 6, 2015, the FSA issued an order to impose an administrative penalty charge against an individual for market manipulation regarding the stocks of TAKADA CORPORATION.

August 7, 2015:

Updated list of qualified institutional investors engaging in specially permitted businesses who were given warnings by the FSA against operating financial instruments businesses without proper registration and/or providing false information (Kanto Local Finance Bureau and Kinki Local Finance Bureau)

«Summary»
The FSA (Kanto Local Finance Bureau and Kinki Local Finance Bureau) issued warnings to qualified institutional investors engaging in specially permitted businesses found to be operating financial instruments businesses without proper registration¹, in addition to those found to be providing false information to their customers².

Kabushiki Kaisha Unlimited^*, e-asset management co.ltd,, and Asset-Creation Co., Ltd., JPM Co., Ltd, NOA Asset Management Kabushiki Kaisha^*, and H2Trading were warned against operating financial instruments business without proper registration.
Kabushiki Kaisha Unlimited^*, Kabushiki Kaisha J-KŌRĒRU^*, e-asset management co.ltd., Asset-Creation Co., Ltd, AJ ASSET CREATION co.,ltd., RISK MANAGEMENT BRAIN Co. Ltd., JPM Co., Ltd., and NOA Asset Management Kabushiki Kaisha^* were warned against providing false information to their customers.

*Corporate name in Roman characters/bilingual (English) corporate name not available

August 7, 2015:

Administrative penalty charge against an individual for market manipulation regarding the stocks of TAKADA CORPORATION

«Summary»
On August 6, 2015, the FSA issued an order to impose an administrative penalty charge against an individual for market manipulation regarding the stocks of TAKADA CORPORATION.

Others

August 7, 2015:	Updated list of entities who are soliciting securities without filing registration statements «Summary» The FSA (Kanto Local Finance Bureau) issued a warning to Global Asia Holdings Inc., who is soliciting securities without filing registration statement.
August 3, 2015:	Announcement of personnel changes (announced August 3, 2015)

Site Map

About FSA Page list Open: Ministerial Team; Organization; Location; Pamphlet; Open Policy Lab
Press Releases & Public Relations Page list Open: Press Releases; Press Conferences; Official Statements; FSA Weekly Review & ACCESS FSA; Speeches; For Financial Users; Others; Archives
Policies & Councils Page list Open: Policies; Councils
Laws & Regulations Page list Open: Name of Laws and Regulations(PDF); Recent Changes (Legislation, Ordinances, Guidelines); Guidelines; Financial Instruments and Exchange Act; Financial Monitoring Policy; Public Comment; No-Action Letter System; Procedures concerning Foreign Account Management Institutions
Regulated Institutions Page list Open: List of Institutions; Administrative Action; Statistics; For those engaging in High Speed Trading; To Operators of Specially Permitted Businesses for Qualified Institutional Investors, etc.; Asia Region Funds Passport (ARFP)
FSA Weekly Review & ACCESS FSA Page list Open: Back Number (2022); Back Number (2021); Back Number (2020)