FSA Weekly Review No.132 February 4, 2015

What’s New on the FSA Website

Week of January 26 - January 30, 2015

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

Press Conferences

January 28, 2014: Press Conference by the Minister for Financial Services (January 27, 2015) (Available in Japaneseopen new window)
January 26, 2015: Press Conference by the Minister for Financial Services (January 23, 2015) (Available in Japaneseopen new window)

Public Comment

(The following public comment is available in Japanese)

January 28, 2015: Publication of draft amendments to the "Ordinance for the Enforcement of the Banking Act"open new window
«Summary»
The FSA proposed draft amendments to the "Ordinance for the Enforcement of the Banking Act". The amendments reflect the changes in the "Cabinet Office Ordinance on Terminology, Forms, and Preparation Methods of Financial Statements," which was promulgated on March 28, 2014.

Press Releases

(The following press releases are available in English)

International

January 27, 2015: Exchange of Letters on co-operation in the area of financial institutions supervision with the Indonesia Financial Services Authority

Banks

January 30, 2015: Update on measures taken in response to the Great East Japan Earthquake (as of January 30, 2015)
January 30, 2015: Information sharing of cases regarding unauthorized use of bank accounts

Publication

January 30, 2015: Publication of the 139th issue of the FSA’s monthly journal, Access FSA

Others

January 30, 2015: Updated list of issuers of gift certificates in repayment procedures based on the "Payment Services Act"
January 30, 2015: Updated statistics of money lending business

(The following press releases are available in Japanese)

Securities

January 30, 2015: Updated list of qualified institutional investors engaging in a specially permitted business who are operating financial instruments business without proper registration (Tokai Local Finance Bureau)open new window
«Summary»
The FSA (Tokai Local Finance Bureau) issued warnings to qualified institutional investors engaging in a specially permitted business who are operating financial instruments business without proper registration.
January 30, 2015: Updated list of entities who are operating financial instruments business without proper registration (Kanto Local Finance Bureau)open new window
«Summary»
The FSA (Kanto Local Finance Bureau) issued warnings to entities that are operating financial instruments business without proper registration.

Banks

January 30, 2015: Figures regarding suspended repayments following the Great East Japan Earthquake (as of October 31, 2014)open new window
«Summary»
The FSA published the number of debtors and the amount of debts of which the contractual repayment has been suspended following the Great East Japan Earthquake, based on hearings with financial institutions in the three prefectures most heavily affected by the earthquake (Iwate, Miyagi, and Fukushima).

Councils

January 28, 2015: Publication of the reports of the Working Group on Investment Management of the Financial System Councilopen new window
«Summary»
The FSA published the report of the Working Group on Investment Management of the Financial System Council, which was held based on the public comments collected from May 4, to June 12, 2014. The report reflects the discussions at the six meetings held between October 2014 and January 2015.

Others

January 30, 2015: Activities of the FSA’s Counseling Office for Financial Services Users in 2014-4Qopen new window
«Summary»
The FSA’s Counseling Office for Financial Services Users offers a counseling service in response to inquiries and comments from financial services users. From May 23, 2014, the counseling office expanded its operation to provide ex-ante counseling services for financial services users for their precaution. In the fourth quarter of 2014 (between October 1 and December 31, 2014), the counseling office received 9,095 inquiries and comments, a decrease from the 10,396 cases in the third quarter (between July 1 and September 30, 2014). Among them, 554 cases were received through the ex-ante consulting services.
January 30, 2015: Government of Japan established "Cyber Security Awareness Month"open new window
«Summary»
The government of Japan established "Cyber Security Awareness Month," which extends from February 1, to March 18, 2015, in order to raise national awareness and understanding of cyber security. The dissemination of cybersecurity is intensively promoted under cooperation among related agencies and organizations, and government agencies. The FSA fully supports the Cyber Security Awareness Month and publishes the posters and banners.
January 28, 2015: Publication of a list of specified limited partnerships for investmentopen new window
«Summary»
The FSA published a list of specified limited partnerships for investment that are designated as such by the Prime Minister and the Minister of Economy, Trade and Industry. The listed limited partnerships for investment are eligible for the special provisions of the tax scheme for enterprise revitalization.
January 27, 2015: Disciplinary action against a Certified Public Accountantopen new window
«Summary»
The FSA suspended the business of a Certified Public Accountant for 3 months from January 29 to April 28, 2015, pursuant to Article 31 (1) of the "Certified Public Accountants Act." The reason for the suspension was that the certified public accountant was disciplined pursuant to the "Certified Public Tax Accountant Act" and was therefore deemed to have committed a discreditable act prohibited by Article 26 of the "Certified Public Accountant Act".

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