FSA Weekly Review No. 2  July 9, 2012

What's New on the FSA Website

Week of July 2 - 6, 2012

This page contains the latest in events, developments, and updates to the FSA website.

Press Conference

(Excerpt)

July 6, 2012: Press Conference by the Minister for Financial Services (June 29, 2012)
http://www.fsa.go.jp/en/conference/minister/2012/20120629.html

July 4, 2012: Press Conference by the Minister for Financial Services (June 26, 2012)
http://www.fsa.go.jp/en/conference/minister/2012/20120626.html

(Following press conferences are available in Japanese)

July 6, 2012: Press Conference by the Minister for Financial Services (July 3, 2012)
http://www.fsa.go.jp/common/conference/minister/2012b/20120703-1.htmlopen new window

July 4, 2012: Press Conference by the Minister for Financial Services (June 29, 2012)
http://www.fsa.go.jp/common/conference/minister/2012a/20120629-1.htmlopen new window

Press Releases

(Following press release is available in English)

InsuranceJuly 5, 2012: Publication of the English version of Insurance Inspection Rating System (Inspection Rating System for Insurance Companies)
http://www.fsa.go.jp/en/news/2012/20120705-1.htmlopen new window

(Following press releases are available in Japanese)

OthersJuly 6, 2012: Fukuoka Local Finance Branch Bureau called for “financial measures in response to the disaster in Fukuoka Prefecture caused by the heavy rain from July 3”
http://fukuoka.mof.go.jp/library/data/osirase/240706_kinyujyounosoti.pdf.pdfopen new window

Public CommentJuly 6, 2012: Invitation for public comments on the draft for partial revision to the “Financial Inspection Manual,” etc.
http://www.fsa.go.jp/news/24/ginkou/20120706-9.htmlopen new window

Public CommentJuly 6, 2012: Invitation for public comments on the draft for “Cabinet Office Ordinance for Partial Revision to the Regulation for Terminology, Forms and Preparation Methods of Financial Statements, etc.”
http://www.fsa.go.jp/news/24/sonota/20120706-8.htmlopen new window

BanksJuly 6, 2012: Publication of the “Cabinet Office Ordinance on Arrangement of the Cabinet Office Ordinances Related to the Financial Services Agency Associated with the Enforcement of the Act for Partial Revision to the Basic Resident Registration Act,” etc.
http://www.fsa.go.jp/news/24/ginkou/20120706-2.htmlopen new window

BanksJuly 6, 2012: Publication of the partial revision to the “Comprehensive Guidelines for the Supervision of Major Banks, etc.” associated with the enforcement of the Act for Partial Revision to the Basic Resident Registration Act, etc.
http://www.fsa.go.jp/news/24/ginkou/20120706-1.htmlopen new window

BanksJuly 6, 2012: Minutes of the Examination Board on Strengthening of Financial Function
http://www.fsa.go.jp/news/24/ginkou/20120706-4.htmlopen new window

BanksJuly 6, 2012: Execution status report on Business Revitalization Plans
http://www.fsa.go.jp/news/24/ginkou/20120706-3.htmlopen new window

OthersJuly 6, 2012: Administrative Action against an audit firm (2)
http://www.fsa.go.jp/news/24/sonota/20120706-7.htmlopen new window

OthersJuly 6, 2012: Administrative Action against an audit firm (1)
http://www.fsa.go.jp/news/24/sonota/20120706-6.htmlopen new window

MarketJuly 6, 2012: Approval of business restructuring plans for Tokyo Stock Exchange Group, Inc. and Osaka Securities Exchange Co., Ltd. based on “the Act on Special Measures concerning Industrial Revitalization and Innovation of Industrial Activities”
http://www.fsa.go.jp/news/24/syouken/20120706-5.htmlopen new window

CouncilsJuly 5, 2012: Joint meeting of 28th Financial System Council General Meeting and 16th Sectional Committee on Financial System
http://www.fsa.go.jp/singi/singi_kinyu/soukai/siryou/20120704.htmlopen new window

InsuranceJuly 5, 2012: Publication of the English version of Insurance Inspection Rating System (Inspection Rating System for Insurance Companies)
http://www.fsa.go.jp/news/24/20120705-1.htmlopen new window

BanksJuly 5, 2012: Status of handling counterfeit ATM card problems, etc. (March 31, 2012)
http://www.fsa.go.jp/news/24/ginkou/20120705-1.htmlopen new window

EventsJuly 5, 2012: Notice of the “Children's Visiting Day”
http://www.fsa.go.jp/news/24/sonota/20120705-2.htmlopen new window

InternationalJuly 5, 2012: Publication of the consultative document titled “Monitoring indicators for intraday liquidity management” by the Basel Committee on Banking Supervision
http://www.fsa.go.jp/inter/bis/20120705-1.htmlopen new window
http://www.bis.org/press/p120702.htmopen new window (BIS media release is available in English)

OthersJuly 4, 2012: Oita Local Finance Office, Kyushu Local Finance Bureau, called for “financial measures in response to the disaster in Oita Prefecture caused by the heavy rain from July 3”
PDFhttp://kyusyu.mof.go.jp/kinyu/pdf/120704.pdfopen new window

BanksJuly 4, 2012: Publication of “Order for Partial Revision to the Ordinance for Enforcement of the Act on Payments, etc., of Distribution as Relief for the Damage related to Funds in Deposit Accounts, etc., Used for Criminal Activities”
http://www.fsa.go.jp/news/24/ginkou/20120704-1.htmlopen new window

OthersJuly 4, 2012: Update of the “Administrative Actions Casebook”
http://www.fsa.go.jp/status/s_jirei/kouhyou.htmlopen new window

CouncilsJuly 4, 2012: Financial System Council “Working Group on Review of Investment Trust and Investment Corporation System (8th)” was held
http://www.fsa.go.jp/singi/singi_kinyu/toushi/siryou/20120703.htmlopen new window

InternationalJuly 4, 2012: Public consultation of “2012 Draft of Common Framework for Supervision of Internationally Active Insurance Groups (ComFrame)” by the International Association of Insurance Supervisors (IAIS) began
http://www.fsa.go.jp/inter/iai/20120704.htmlopen new window
PDFhttp://www.iaisweb.org/view/element_href.cfm?src=1/15768.pdfopen new window (IAIS media release is available in English)

InternationalJuly 3, 2012: Publication of the consultative document titled “A framework for dealing with domestic systemically important banks” by the Basel Committee on Banking Supervision
http://www.fsa.go.jp/inter/bis/20120703-2.htmlopen new window
http://www.bis.org/press/p120629.htmopen new window (BIS media release is available in English)

InternationalJuly 3, 2012: Publication of the final document titled “The internal audit function in banks” by the Basel Committee on Banking Supervision
http://www.fsa.go.jp/inter/bis/20120703-1.htmlopen new window
http://www.bis.org/press/p120628.htmopen new window (BIS media release is available in English)

SecuritiesJuly 3, 2012: Administrative action against FXCM Japan Securities Co., Ltd.
http://www.fsa.go.jp/news/23/syouken/20120703-1.html

OthersJuly 2, 2012: Announcement of the personnel changes (announced on July 1, 2012)
http://www.fsa.go.jp/common/about/jinji/index.htmlopen new window

OthersJuly 2, 2012: Announcement of the personnel changes (announced on June 30, 2012)
http://www.fsa.go.jp/common/about/jinji/index.htmlopen new window

OthersJuly 2, 2012: Publication of the “Discussion thus far about the method of responding to the International Financial Reporting Standards (IFRS) (interim key issues)”
http://www.fsa.go.jp/inter/etc/20120702-1.htmlopen new window

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