FSA Newsletter (the monthly public relations brochure)

FSA Newsletter December 2008 HTML PDF(240KB)

Topics

• Partial relaxation of capital adequacy requirement for banks, etc.
• Revision of Basic Policy and Plan for Financial Inspections in Program Year (PY) 2008

International Affairs

• FSA Deputy Commissioner for International Affairs Elected as Vice Chairman of the IAIS Executive Committee

FSA Newsletter November 2008 HTML PDF(449KB)

International Affairs

• FSA takes measures for stabilizing the financial markets and for facilitating financing
• Publication of "Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience: Follow-up on Implementation" by the Financial Stability Forum
• The 4th meeting of the International Forum of Independent Audit Regulators (IFIAR) in Cape Town

Explanations of Laws and Regulations

• FSA relaxes market restrictions regarding purchases of own stocks by listed companies and strengthens restrictions on short selling.

FSA Newsletter October 2008 HTML PDF(496KB)

International Affairs

• Minister for Financial Services Motegi visits the United States

Topics

• "Annual Supervisory Policies for Major Banks, etc. for Program Year 2008"
  "Annual Supervisory Policies for Small- and Medium-Sized and Regional Financial Institutions for Program Year 2008"
  "Annual Supervisory Policies for Insurance Companies, etc. for Program Year 2008"
  "Annual Supervisory Policies for Financial Instruments Firms, etc. for Program Year 2008"
  ・Requests for FY2009 Tax Revision
• Publication of the Annual Report on the SESC's Activities
• Report on Activities of the Certified Public Accountants and Auditing Oversight Board (Business Year 2007)

FSA Newsletter September 2008 HTML PDF(522KB)

Topics

• FSA Published the Basic Policy and Plan for Financial Inspections in Program Year 2008
• SESC Published the Basic Inspection Policy and Inspection Program for Business Year 2008

Explanations of Laws and Regulations

• FSA Announces Revisions of the ''Comprehensive Guidelines for the Supervision of Major Banks etc.,'' the ''Comprehensive Guidelines for the Supervision of Small- and Medium-Size and Regional Financial Institutions'' and the ''Comprehensive Guidelines for the Supervision of Trust Companies, etc.''

FSA Newsletter August 2008 HTML PDF(238KB)

Featured

• "Progress of Better Market Initiative (Plan for Strengthening the Competitiveness of Japan's Financial and Capital Markets)
• FSA issues the "Reference Cases" and the "Q&A" regarding the "Independent Agent Exemption" of fund managers

Explanations of Laws and Regulations

• Measures taken after receipt of public comments on the draft Cabinet Order for Partial Amendment of the Order for Enforcement of the Act on Investment Trust and Investment Corporations, etc.

International Affairs

• FSA and U.S. SEC hold the fourth meeting of the high-Level dialogue
• Authorities responsible for regulation of public companies announce the next steps regarding the creation of a group to interact with the International Accounting Standards Committee Foundation

FSA Newsletter July 2008 HTML PDF(344KB)

Featured

• The Financial Markets Strategy Team releases "Second Report ~Toward an Open Country with Financial Strength~"

Topics

• FSA discloses exposure of Japanese deposit-taking institutions to subprime-related products and securitized products
• FY2007 financial results of major banks, etc. (preliminary basis)
• FY2007 financial results of regional banks

International Affairs

• Minister for Financial Services Watanabe visits Malaysia
• Japan, EU hold Fifth Monitoring Meeting on Developments in Accounting and　Auditing Issues

FSA Newsletter June 2008 HTML PDF(399KB)

Featured

• Outline of Dialogue Meeting Between Minister for Financial Services Watanabe and SME Managers, etc. (in Tottori)
• FSA Publishes "Progress Status of Initiative toward Better Regulation"

Topics

• FSA Publishes Basic Concept Concerning Financial Experts
• Abolition of Expiration Dates of Tax-Free Treatments of Interest Income on Offshore Accounts and Bond Transactions under Repurchase Agreements
• FSA Holds the Fourth Meeting of the Joint Committee on Financial Services Cooperation with MAS
• EC Publishes Working Paper Concerning Equivalence of Accounting Standards

Explanations of Laws and Regulations

• FSA Outlines the "Cabinet Office Ordinance on Revision of the Cabinet Office Ordinance on Disclosure of Corporate Information, etc. " and other ordinances

FSA Newsletter May 2008 HTML PDF(189KB)

Features

• The Principles in the Financial Services Industry

Topics

• FSF Announces "Report of the Financial Stability Forum on Enhancing Market and Institutional Resilience"

Explanations of Laws and Regulations

• Outline of Cabinet Office Ordinance Regarding Foreign Audit Firms, etc.

FSA Newsletter April 2008 HTML PDF(654KB)

Topics

• FSA Releases "Our Answers to Your Questions about the Financial Instruments and Exchange Act"
• FSA Launches New EDINET System

International affairs

• FSA, China Banking Regulatory Commission Establish Framework for Regulatory Cooperation concerning QDII (Qualified Domestic Institutional Investor) System
• Issuance of Comment Letter in Response to the Proposed Policy Statement "Guidance Regarding Implementation of PCAOB Rule 4012" of the PCAOB
• FSA Issues Comment Letter in Response to "CESR's advice on the equivalence of Chinese, Japanese and US GAAPs - Consultation Paper"
• Japan and EU Hold Fourth Monitoring Meeting on Developments in Accounting and Auditing Issues

FSA Newsletter March 2008 HTML PDF(514KB)

Topics

• Exposure of Japanese Deposit-Taking Institutions to Subprime-Related Products
• Signing of the IOSCO MMOU (Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information)
• Interim Report by the Financial Stability Forum to the G-7
• Working Group for the Improved Operations of EDINET

Minister in His Own Words

FSA Newsletter February 2008 HTML PDF(415KB)

Featured

• Outline of Dialogue Meeting Between Minister for Financial Services Watanabe and SME Managers, (in Niigata)

Topics

• The Fourth International Conference ''Regional Finance in Recent Period and the Way Forward''(held on January 18, 2008)
• Regular Consultations with the Chinese authorities
• Full Liberalization of Insurance Sales by Banks, etc
• "Regarding the Cabinet Order for the Establishment of Relevant Cabinet Orders Following Enforcement of the Act on Establishment of Acts Related to the Improvement of the Securities Market through Reform of the Securities Settlement System, etc., the ordinance for Partial Amendment of the Ordinance for Enforcement of Action Registry of Bonds, etc., the Cabinet Order for Partial Amendment of the Cabinet Order for Enforcement of the Act on Transfer of Bonds, etc. and the Ordinance for Partial Amendment of the Ordinance Concerning the Transfer of Bonds, etc.

FSA Newsletter January 2008 HTML PDF(340KB)

Featured

• Publication of the ''Plan for Strengthening the Competitiveness of Japan's Financial and Capital Markets''

Topics

• Publication of the ''Report by the First Subcommittee of the Sectional Committee on Financial System of the Financial System Council: Towards Strengthening the Competitiveness of Japan's Financial and Capital Markets''
• Publication of the "Report by the Second Subcommittee of the Sectional Committee on Financial System of the Financial System Council: What to Do with Restrictions on the Scope of Businesses of Banking and Insurance Groups"
• Publication of "Interim Summary of Points of Discussion on Payment and Settlement" by the Study Group on Payment and Settlement of the Financial Research and Training Center of the Financial Services Agency
• Third International Conference: ''Financial Stability and Financial Sector Supervision: Lessons from the Past Decade and Way Forward'' (held on December 17, 2007)
• ''Study Group on Financial Experts''
• FY2007 Interim Financial Results of Major Banks
• FY2007 Interim Financial Results of Regional Banks