About the Financial Research Center
The Financial Research Center (alternatively called “the FSA Institute”) was launched in July 2001 for the purpose of effectively coordinating research in the Financial Services Agency (FSA) with training of FSA personnel.
At present, the FSA is required to properly respond to the reality of ever-advancing financial technologies and increasingly-internationalized financial transactions, etc. and execute regulatory/supervisory operations in an appropriate manner. Under these circumstances, the FSA Institute looks into significant issues in financial regulation/supervision by making use of its expertise in such fields as monetary economics, finance, law, accounting and financial engineering, and serves to improve FSA personnel's expertise and foresight on an ongoing basis.
Since its inception, the FSA Institute has been primarily engaged in the following activities:
(1) Conduct research studies forming the theoretical basis of financial regulation/supervision;
(2) Serve as a bridge between financial regulation/supervision and the academic world, and hold study meetings, international conferences and other such events aimed at enhancing networks based on mutual exchange among related government departments/agencies, experts in the private sector and academics; and
(3) Conduct training courses targeted at FSA personnel.
♦ Principal Activities of the FSA Institute ♦
The FSA Institute's primary activities in FY2010 were as follows.
- The results of research studies conducted by research fellows, etc. of the FSA Institute were compiled in the form of 7 research papers, etc. and published as the FSA Institute's Discussion Papers.
- he FSA Institute held the 7th international conference, titled “The Role of the Financial Sector in Promoting Economic Growth in Asia,” for the purpose of verifying how the financial sector and regulation can contribute to sustainable economic growth in Asia. The conference was jointly hosted by the Asian Development Bank Institute (ADBI) and Keio University Global Center of Excellence (GCOE), with the participation of approximately 300 people, including domestic and overseas researchers, government and central bank officials, financial institutions and representatives from foreign embassies in Tokyo.
- As part of research activities of researchers, etc., the FSA Institute held a total of 5 study meetings to conduct joint studies with experts, etc., including the “Study Meeting on Accounting Standards and Competitiveness of Companies” and “Study Meeting on Corporate Financing.” the results were posted on the FSA Institute's website.
- The FSA Institute conducted 69 training courses targeted at FSA personnel, while focusing on enhancing specialized training related to financial affairs in practice.
♦ Renaming of Organization ♦
As part of efforts to enhance the FSA Institute's research functions, the Financial Research and Training Center (commonly known as “FRTC”) was renamed the Financial Research Center (alternatively called “the FSA Institute”) in September 2010.