What’s New on the FSA Website

Week of September 1 –5, 2014

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

Press Conferences

September 5, 2014:	Press Conference by the Minister for Financial Services (September 3, 2014) Japanese version
September 3, 2014:	Press Conference by the Minister for Financial Services (September 2, 2014) Japanese version
September 1, 2014:	Press Conference by the Minister for Financial Services (August 29, 2014) Japanese version

Press Releases

(The Following press release is available in English)

Others

September 2, 2014:	Updated list of the institutional investors signing up to "Principles for Responsible Institutional Investors «Japan’s Stewardship Code» - to promote sustainable growth of companies through investment and dialogue - (As of September 2, 2014)

(The Following press releases are available in Japanese)

Banks

September 5, 2014:	Administrative action against FX Corporation (Kanto Local Finance Bureau) «Summary» On September 5, 2014, Kanto Local Finance Bureau took an administrative action against FX Corporation. The administrative action orders FX Corporation to suspend its business from September 5 to December 4 and to improve its business operations. This administrative action is based on a recommendation from the Securities and Exchange Surveillance Commission (SESC) through their on-site inspection. The SESC identified serious concerns with FX Corporation's business operation which impair the public benefit or harm investors.
September 5, 2014:	The FSA published an overview of a report on implementation of post-merger integration plans for Japan Exchange Group, Inc. «Summary» The FSA published an overview of a report on implementation of post-merger integration plans for Japan Exchange Group. The report was submitted by Japan Exchange Group following the completion of the plans. The plans were approved by the FSA on July 6, 2012, and extended from July 2012 to March 2014 pursuant to the "Act on Special Measures concerning Industrial Revitalization and Innovation of Industrial Activities”.
September 3, 2014:	Updated list of entities who are operating financial instruments business without proper registration (Kanto Local Finance Bureau) «Summary» The FSA (Kanto Local Finance Bureau) issued warnings to entities that are operating financial instruments business without proper registration.

Others

September 5, 2014:	Updated list of issuers of gift certificates in repayment procedures based on the "Payment Services Act" «Summary» The FSA updated the list of issuers who are repaying, have completed repaying or have announced the termination of use of prepaid payment instruments, as defined in the "Payment Services Act" (e.g. gift vouchers, gift certificates, and prepaid cards).
September 5, 2014:	Publication of the agenda and handouts from the second meeting of the Council of Experts Concerning the Corporate Governance Code «Summary» The FSA and JPX published the agenda and handouts from the second meeting of the Council of Experts Concerning the Corporate Governance Code, which was held on September 4, 2014.
September 1, 2014:	Announcement of personnel changes (announced September 1 , 2014)
August 29, 2014:	Publication of the FY 2013 Performance Evaluation Report «Summary» The FSA published following evaluations pursuant to the "Government Policy Evaluations Act": •FY 2013 Performance Evaluation Report •FY 2014 Project Evaluation Report •Ex-ante Supplementary Evaluation of a part of the FY2014 Project And an evaluation of policies regarding the special tax measures is also published.
August 29, 2014:	Publication of FSA's requests for the FY 2015 tax revisions «Summary» The FSA published its requests for the FY 2015 tax revisions. These requests include the NISA scheme expansion plan to raise the current annual investment limit from 1 million yen to 1.2 million yen and introduce "Junior NISA" for the investors who are younger than 20 years old.