FSA Weekly Review No.78 January 6, 2014

What's New on the FSA Website

Week of December 24 – 27, 2013

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

Topics

“Financial institutions under on-site inspection by the FSA” has been updated
http://www.fsa.go.jp/en/regulated/inspection/index.html

Press Releases

(Following press releases are available in English)

December 27, 2013: Reforms of on-site monitoring following the Mizuho bank case
http://www.fsa.go.jp/en/news/2013/20131226-4.html

December 26, 2013: Publication of the draft of the “Principles for Responsible Institutional Investors”«Japan’s Stewardship Code»~To promote a sustainable growth of companies through investments and dialogues~
http://www.fsa.go.jp/en/news/2013/20131226-3.html

December 26, 2013: Encouraging the Efforts to Sever Relationships with Antisocial Groups
http://www.fsa.go.jp/en/news/2013/20131226-2.html

December 26, 2013: Administrative Actions against Mizuho Bank Co., Ltd. and Mizuho Financial Group, Inc.
http://www.fsa.go.jp/en/news/2013/20131226-1.html

December 25, 2013: Notice of International Conference on Financial System Stability, Regulation and Financial Inclusion on January 27, 2014 (co-hosted with the Asian Development Bank Institute (ADBI) and the International Monetary Fund (IMF))
http://www.fsa.go.jp/en/news/2013/20131225.html

December 25, 2013: Publication of the Summary of Discussions of the Study Group on Regulation of Financial Benchmarks
http://www.fsa.go.jp/en/news/2013/20131225-2.html

(Following press releases are available in Japanese)

PublicationDecember 27, 2013: FSA published Japanese Newsletter, “Access FSA No.126”
http://www.fsa.go.jp/access/index.htmlopen new window

Public CommentDecember 27, 2013: Draft partial revisions to the Comprehensive Guidelines for Supervision of Major Banks, etc., and the Financial Inspection Manual, etc.
http://www.fsa.go.jp/news/25/ginkou/20131227-5.htmlopen new window

Public CommentDecember 27, 2013: Draft revisions to the Order for Enforcement of the Banking Act in relation to the FY 2013 revision to the Financial Instruments and Exchange Act (to be enforced within one year), etc.
http://www.fsa.go.jp/news/25/ginkou/20131227-6.htmlopen new window

Public CommentDecember 27, 2013: Draft partial revisions to the Comprehensive Guidelines for Supervision of Major Banks, and the Financial Inspection Manual, etc. (concerning Guidelines regarding Personal Guarantees )
http://www.fsa.go.jp/news/25/ginkou/20131227-4.htmlopen new window

OthersDecember 27, 2013: Status of measures taken by the FSA, local finance bureaus and financial institutions in response to the Great East Japan Earthquake updated
http://www.fsa.go.jp/ordinary/earthquake201103/jokyo.htmlopen new window

OthersDecember 26, 2013: “List of Issuers of Gift Certificates in Repayment Procedures based on the Act on Fund Settlement” updated
http://www.fsa.go.jp/policy/prepaid/index.htmlopen new window

OthersDecember 27, 2013: Documents related to money lending business updated
http://www.fsa.go.jp/status/kasikin/20131227/index.htmlopen new window

OthersDecember 27, 2013: Draft partial revision in relation to the determination of company accounting standards designated by the FSA Commissioner as stipulated in the Ordinance on Terminology, Forms and Preparation Methods of Consolidated Financial Statements, etc.
http://www.fsa.go.jp/news/25/sonota/20131227-2.htmlopen new window

SecuritiesDecember 27, 2013: First hearing on the case of the violation of the Financial Instruments and Exchange Act in relation to the insider trading by a recipient of information from a person under negotiation to conclude a contract with a tender offeror concerning OST Japan Group Inc.
http://www.fsa.go.jp/news/25/syouken/20131227-4.htmlopen new window

BanksDecember 27, 2013: Number of debtors who halted contracted repayments since the Great East Japan Earthquake and the amount of such debts (as of the end of September 2013) 
http://www.fsa.go.jp/news/25/ginkou/20131227-3.htmlopen new window

Press ConferenceDecember 27, 2013: Press Conference by Taro Aso, Deputy Prime Minister, Minister of Finance and Minister for Financial Services (December 26, 2013)
http://www.fsa.go.jp/common/conference/minister/2013b/20131226-1.htmlopen new window

SecuritiesDecember 27, 2013: “List of unregistered financial instruments business operators” updated
http://www.fsa.go.jp/ordinary/chuui/mutouroku.htmlopen new window

Public CommentDecember 27, 2013: Results of public comments concerning the draft partial revision to the designation of transactions and lending/borrowing to be excluded from Financial Instruments Obligation Assumption Business
http://www.fsa.go.jp/news/25/syouken/20131227-1.htmlopen new window

Public CommentDecember 26, 2013: Publication of the draft of the “Principles for Responsible Institutional Investors” «Japan’s Stewardship Code» ~To promote a sustainable growth of companies through investments and dialogues
http://www.fsa.go.jp/news/25/singi/20131226-6.htmlopen new window

OthersDecember 26, 2013: The fifth meeting of the Review Panel Regarding Japanese version of Stewardship Code held
http://www.fsa.go.jp/singi/stewardship/siryou/20131226.htmlopen new window

BanksDecember 26, 2013: Changes in lending conditions by financial institutions (preliminary values) 
http://www.fsa.go.jp/news/25/ginkou/20131226-5.htmlopen new window

BanksDecember 26, 2013: Situation of changes in lending conditions based on the Act on Temporary Measures to Facilitate Financing for Small and Medium-Sized Enterprises, etc. (preliminary values) 
http://www.fsa.go.jp/news/25/ginkou/20131226-4.htmlopen new window

OthersDecember 26, 2013: Reforms of on-site monitoring following the Mizuho bank case
http://www.fsa.go.jp/news/25/20131225-3.htmlopen new window

OthersDecember 26, 2013: Encouraging the Efforts to Sever Relationships with Antisocial Groups
http://www.fsa.go.jp/news/25/20131225-2.htmlopen new window

BanksDecember 26, 2013: Administrative Actions against Mizuho Bank Co., Ltd. and Mizuho Financial Group, Inc.
http://www.fsa.go.jp/news/25/ginkou/20131226-1.htmlopen new window

ConferenceDecember 25, 2013: Notice of International Conference on Financial System Stability, Regulation and Financial Inclusion 
http://www.fsa.go.jp/news/25/sonota/20131225-3.htmlopen new window

OthersDecember 25, 2013: The third meeting of the Study Group on Regulation of Financial Benchmarks 
http://www.fsa.go.jp/singi/shihyo/gijiyousi/20131225.htmlopen new window

OthersDecember 25, 2013: Publication of the Summary of Discussions of the Study Group on Regulation of Financial Benchmarks
http://www.fsa.go.jp/singi/shihyo/houkokusyo/20131225.htmlopen new window

OthersDecember 25, 2013: Implementation status of the onsite inspections of special juridical persons overseen by the FSA for FY2012
http://www.fsa.go.jp/news/25/sonota/20131225-2.htmlopen new window

Public CommentDecember 25, 2013: Draft ordinance regarding the revision of the Order for Enforcement of the Interest Rate Restriction Act
http://www.fsa.go.jp/news/25/kinyu/20131225-1.htmlopen new window

Press ConferenceDecember 25, 2013: Press Conference by Taro Aso, Deputy Prime Minister, Minister of Finance and Minister for Financial Services (December 24, 2013)
http://www.fsa.go.jp/common/conference/minister/2013b/20131224-1.htmlopen new window

CouncilsDecember 25, 2013:  Report of the Financial System Council Working Group on the Provision of Risk Money to New/Growth Companies published
http://www.fsa.go.jp/singi/singi_kinyu/tosin/20131225-1.htmlopen new window

OthersDecember 25, 2013: Status of making administrative procedures, etc. online at the FSA
http://www.fsa.go.jp/common/about/gj-suisin/online.htmlopen new window

SecuritiesDecember 25, 2013: Additional column titled “status of participation in financial instruments firms associations” added to the list of registered financial instruments business operators
http://www.fsa.go.jp/menkyo/menkyo.html#kinyushohinopen new window

InternationalDecember 25, 2013: IOSCO Requests Public Comment on Implementation of Principles for Oil Price Reporting Agencies (PRA Principles) 
http://www.fsa.go.jp/inter/ios/20131225-1.htmlopen new window
PDFhttp://www.iosco.org/news/pdf/IOSCONEWS313.pdfopen new window(IOSCO press release is available in English)

OthersDecember 24, 2013: Main items related to the FSA in FY2014 tax reform outline published
http://www.fsa.go.jp/news/25/sonota/20131224-2.htmlopen new window

Press ConferenceDecember 24, 2013: Press Conference by Taro Aso, Deputy Prime Minister, Minister of Finance and Minister for Financial Services (December 20, 2013)
http://www.fsa.go.jp/common/conference/minister/2013b/20131220-1.htmlopen new window

InternationalDecember 24, 2013: The International Organization of Securities Commissions (IOSCO) published the final report on Regulation of Retail Structured Products   
http://www.fsa.go.jp/inter/ios/20131224-2.htmlopen new window
PDFhttp://www.iosco.org/news/pdf/IOSCONEWS315.pdfopen new window (IOSCO press release is available in English)

InternationalDecember 24, 2013: The Joint Forum released a report titled “Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks”
http://www.fsa.go.jp/inter/etc/20131224-1.htmlopen new window
PDFhttp://www.bis.org/publ/joint34.pdfopen new window (BIS press release is available in English)

OthersDecember 24, 2013: “Symposium to acquire financial literacy (knowledge and judgment skills)” to be held in Sendai
http://www.fsa.go.jp/news/25/sonota/20131224-1.htmlopen new window

OthersDecember 24, 2013: FSA budget, organization and staff quota for FY2014
http://www.fsa.go.jp/common/budget/yosan/26youkyu-3u.htmlopen new window

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