Provisional Translation

Q.

I would like to ask about the NEM virtual currency outflow. It has been reported that the Financial Services Agency will start additional inspections at virtual currency broker dealers other than Coincheck. Would you please tell us if this is indeed the case and, if so, what the aim is?

A.

On February 1, we ordered 31 broker dealers to submit reports on their IT system risk management systems, and we have carefully examined and analyzed the content of the reports submitted. In view of these results as well as those of our monitoring thus far, we started on-site inspections of several broker dealers to take a look at their internal control environments, including their IT system risk management systems.