FSA Newsletter (the monthly public relations brochure)

FSA Newsletter December 2006 HTML PDF (246KB)

Topics

• Establishment of Study Group for Revision of Financial Inspection Manual
• Financial Institutions' Efforts to Improve Customer Satisfaction (FY2005)
• Amendment of Administrative Guidelines (Volume III : For Non-bank Financial Companies)
• EDINET Advancement Council: Convocation of Working Group

Featured

• Bill for the Amendment of the Money-Lending Business Control and Regulation Law

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FSA Newsletter November 2006 HTML PDF (355KB)

Topics

• New Minister, Senior Vice Minister and Parliamentary Secretary for Financial Services
• Working Group on the Selection of an Acquiring Party for Ashikaga Bank
• Measures Taken by the FSA against North Korea
• Publication of the pamphlet, the New Legislative Framework for Investor Protection - Financial Instruments and Exchange Law -

Featured

• Overview of ''Financial Instruments and Exchange Law'' (Part 3)
• Amendments of the Enforcement Ordinances and Orders of the Customer Identification Law

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FSA Newsletter October 2006 HTML PDF (279KB)

Topics

• The Status of Non Performing Loans as of end-March, 2006
• The Requests for FY2007 Tax Revision
• The Summary of FY2007 Budgetary Request

Supervisory Policies for Administrative Year 2006

• Annual Policies for the Supervision of Securities Companies
• Annual Policies for the Supervision of Major Banks
• Annual Policies for the Supervision of Small- and Medium-Sized and Regional Financial Institutions

Featured

• Overview of ''Financial Instruments and Exchange Law'' (Part 2)

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FSA Newsletter August, September 2006 HTML PDF (388KB)

Topics

• Quality Control of Audits conducted by Big Four Auditing Firms
• Basic Policy and Plan for Financial Inspections in Program Year 2006
• Amendment of Comprehensive Guideline for Supervision of Trust Companies
• Inspection Manual for Trust and Banking Companies (Supplement to the Financial Inspection Manual for Trust Business)
• Revision of Inspection Manual for Insurance Companies
• Final Report on Appropriate Arrangement for Providing Comparable Information that Contributes to Consumers' Choices of Insurance Products Meeting Their Demands
• Results of Offsite Monitoring of Inspection: Questionnaire Survey to Financial Institutions
• Summary of Issues by the Round Table Conference on the Financial Market Intermediation Function of Securities Companies
• Summary of Issues in Joint Study by Ministry of Finance, Bank of Japan and Financial Services Agency on Development of Financial and Capital Markets in Asia and Japanese Market
• Consultation Requests Received by Counseling Office for Financial Services Users

Featured

• Overview of "Financial Instruments and Exchange Law" (Part 1)

Primer on Financial Literacy

• Hostile Corporate Takeover Bids

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FSA Newsletter July 2006 HTML PDF (265KB)

Topics

• Amendment to Comprehensive Guideline for Supervision of Insurance Companies
• Financial Statements of Major Banks for FY 2005
• FSA Signs MOUs with Financial Intelligence Units of Australia, Thailand, Hong Kong and Canada for Information Exchange on Suspicious Transactions

Explanation of Laws and Regulations

• An Overview of the Amendments to Government and Ministerial Ordinances for Establishing Bank Agent Business System and other deregulation measures

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FSA Newsletter June 2006 HTML PDF (837KB)

Topics

• Working Group on Information Technology Innovations and Financial System, Sectional Committee on Financial System of Financial System Council: "Issues facing the Development of New Electronic Payment Services (Memorandum of Chairman)"
• Convocation of 5th Meeting of Subcommittee on Certified Public Accountants System of Financial System Council
• Results on "Small- and Medium-Sized Enterprise Financing Monitoring" Conducted in February 2006
• Consultation Requests Received by Counseling Office for Financial Services Users

Amendments to Laws and Regulations relating to Insurance Business Law

• Revision of Enforcement Regulation of Insurance Business Law, etc. (Draft): Development of Funding Rules, etc. for Policy Reserves for Third-Sector Products
• Establishment of Funding Rules for IBNR Reserves of Non-life Insurance Companies
• Overview of Government Ordinances, Ministerial Ordinances, etc. on Revision of Safety Net for Insurance Companies
• Supervisory Guideline for Small-claims and Short-term Insurance Businesses (So-called Unlicensed Cooperatives)
• Overview of Government Ordinances, etc. for Introduction of Policyholder Protection Rules for Cooperatives Previously Not Governed by Any Laws

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FSA Newsletter May 2006 HTML PDF (362KB)

Topics

• Amendments to the ''Comprehensive Guideline for Supervision of Major Banks, etc.,'' the ''Comprehensive Guideline for Supervision of Small- and Medium-Sized and Regional Financial Institutions'' and the ''Comprehensive Guideline for Supervision of Insurance Companies''
• Interim Summary of Issues on Sales and Solicitation of Insurance Products in accordance with Suitability Rule
• Inspections to Contractors of Financial Institutions, etc.

Featured

• Overview of Basel II (the New Capital Adequacy Requirements)

From the Office of International Affairs

• Review of the ''Core Principles for Effective Banking Supervision'' (The Basel Core Principles)

Primer on Financial Literacy

• Supervisory Guidelines and Administrative Guidelines

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FSA Newsletter April 2006 HTML PDF (155KB)

Topics

• Overview of Cabinet Order to Partially Revise the Enforcement Regulation of the Insurance Business Law
• Partial Amendment of the Comprehensive Guidelines for Supervision of Insurance Companies
• Status of Measures taken by Financial Institutions to Combat the Problems of Counterfeit ATM Cards (as of the End of December 2005)

From the Office of International Affairs

• WTO Financial Services Negotiations (Yasushi Kanzaki, Director, Office of International Affairs, Planning and Coordination Bureau)

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FSA Newsletter March 2006 HTML PDF (1,005KB)

Topics

• Launch of Informal Round Table on Operations of Stock Exchanges
• Framework (Terms of Reference) of the High-Level Dialogue between the Financial Services Agency and the U.S. Securities and Exchange Commission
• EU-Japan High Level Meeting on Financial Issues
• Amendment to the Information Sharing Arrangement with the US Securities and Exchange Commission and the US Commodity Futures Trading Commission
• Publication of Insurance Buyers' Guides
• Status of Non-performing Loans (as of End of September 2005)
• Request of Efforts to Ensure Appropriateness of Financial Institutions in their Transactions
• Progress of ''the Action Program to Promote Further Enhancement of Region-based Relationship Banking Functions (FY2005 -06)'' in the First Half of FY2005
• Consultation Requests Received by Counseling Office for Financial Services Users
• Results on ''Small- and Medium-Sized Enterprise Financing Monitoring'' Conducted in November 2005

From the Office of International Affairs

• Current State of Hedge Funds in Japan

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FSA Newsletter February 2006 HTML PDF (380KB)

Topics

• Revision of Comprehensive Guideline for Supervision of Small- and Medium- Sized and Regional Financial Institutions
• Financial Results of Regional Banks for First Half ended September 30, 2005 (Based on Preliminary Announcements)
• Summary of Hedge Fund Survey Results and Discussion Points
• Organization, Staffing and Budget for FY2006

Explanation of Laws and Regulations

• Revision of Relevant Cabinet Order associated with Enforcement of Act to Amend Part of Certified Public Accountant Law

Financial System Council

• Report by First Subcommittee, Sectional Committee on Financial System, Financial System Council: ''Legislation for Investment Services Law (provisional title)''
• Report by Working Group on Takeover Bid (TOB) System, etc., First Subcommittee, Sectional Committee on Financial System, Financial System Council: ''Takeover Bid (TOB) System, etc.''
• Report by Subcommittee on Internal Controls, Business Accounting Council: ''Evaluation and Auditing Standards for Internal Control Reported in Financial Reports''

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FSA Newsletter January 2006 HTML PDF (278KB)

Topics

• Major Banks' Financial Results for First Half ending September 30, 2005
  ««Based on Preliminary Announcements»»
• Implementation Framework of the Second Pillar of Basel II
• Intensive Screening of Securities Reports for Fiscal Year Ended March 31, 2005
• Survey on Non-payment of Fringe Claims by Non-life Insurance Companies

Explanation of Laws and Regulations

• Cabinet Order and Ordinances of Cabinet Office concerning Enforcement of the Law for the Partial Amendment of Securities and Exchange Law, etc., in December

Primer on Financial Literacy

• ''civil penalty system'' and ''procedures for judgment''

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