FSA organizes Japan Global Capital Markets Conference in Tokyo

On October 19, 2026, the Financial Services Agency (FSA) of Japan organized the Japan Global Capital Markets Conference in Tokyo.

The Conference, held as part of Japan Weeks 2026, was organized under the theme "Maintaining Trust While Enabling the Continued Evolution of Capital Markets", bringing together the International Organization of Securities Commissions (IOSCO), regulators, market participants, and experts from around the world.

The Conference opened with remarks by Ito Yutaka, Commissioner of the FSA, followed by a keynote address delivered by Jean-Paul Servais, Chairman of the IOSCO Board.

These speeches were followed by three panel discussions on important topics in today's global capital markets.

• In Panel 1 “Building Trust in Evolving Capital Markets: Innovation, Market Integrity, and Suptech”, the discussion focused on how trust and market integrity can be maintained while enabling innovation in light of advances in emerging technologies such as artificial intelligence and blockchain. Panelists exchanged views on the opportunities and challenges that these technologies present for market participants as well as regulatory and supervisory authorities.

  Moderator:

  Marlene Amstad, Chair, Swiss Financial Market Supervisory Authority FINMA

  Panelists:

  • Chen Arad, Co-founder & Chief External Affairs Officer, Solidus Labs
  • Chetan Karkhanis, Senior Vice President, Global Insurance and Institutional Asset Solutions (GIIAS) group, Franklin Templeton
  • Tuang Lee Lim, Assistant Managing Director of the Capital Markets Group, MAS
  • Katie Mitchell, Head of APAC and MEA Policy, Coinbase

• In Panel 2 “Revitalising Public Markets: Liquidity, Participation and Competitiveness”, panelists discussed the importance of public markets and the challenges involved in revitalising them. Discussions explored how the attractiveness of public markets can be enhanced through measures aimed at improving liquidity, broadening investor participation, and leveraging technological innovation.

  Moderator:

  Rodrigo Buenaventura, IOSCO Secretary General

  Panelists:

  • Marie-Anne Barbat-Layani, Chair, AMF
  • Miyuki Kashima, Head of Investments, Japan, Fidelity International
  • Julia Leung, Chief Executive Officer, SFC
  • Masanori Yoshida, Senior Executive Officer, Global Chief, Japan Exchange Group

• In Panel 3 “Private Markets: Innovation, Flexibility and Emerging Risks”, panelists discussed the drivers of growth in private markets and their expanding role in providing financing and investment opportunities, as well as their relationship with public markets. The discussion also explored the opportunities and challenges arising from the development of private markets.

  Moderator:

  Nikhil Rathi, Chief Executive, FCA

  Panelists:

  • Webster Coates, Managing Executive Officer and Group Chief Compliance Officer,
  • Daiichi Life Group
  • Eiji Ueda, Partner & Head of Asia Pacific, Apollo
  • Mark Uyeda, Commissioner, SEC

The Conference concluded with closing remarks by Miyoshi Toshiyuki, Vice Minister for International Affairs of the FSA.

Discussions during the Conference highlighted the importance of maintaining trust as capital markets continue to evolve through technological innovation and changing market structures. Participants also noted that public and private markets can play complementary roles in meeting diverse financing and investment needs. Furthermore, the Conference underscored the value of both international and public-private dialogue in addressing the opportunities and challenges facing capital markets.

Contact

International Affairs Division, Financial Services Agency

+81-(0)3-3506-6000 (ext. 3189)