What’s New on the FSA Website

Week of June 8 - June 12, 2015

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

Press Conferences

June 10, 2015:	Press Conference by the Minister for Financial Services (June 9, 2015) (Available in Japanese)
June 8, 2015:	Press Conference by the Minister for Financial Services (June 5, 2015) (Available in Japanese)

Press Releases

(The following press releases are available in English)

International

June 11, 2015:	International Organization of Securities Commissions (IOSCO) published a report “Good Practices on Reducing Reliance on CRAs in Asset Management”
June 11, 2015:	The Exchange of Letters on Cooperation with the National Bank of Cambodia
June 11, 2015:	The Exchange of Letters on Cooperation with the Securities and Exchange Commission of Cambodia
June 9, 2015:	Basel Committee on Banking Supervision published a consultative document “Interest rate risk in the banking book”

Banks

June 10, 2015:	Administrative Action against WOORI BANK, Tokyo Branch
June 10, 2015:	Administrative Action against Industrial Bank of Korea, Tokyo Branch

Others

June 11, 2015:	Stewardship Code : 191 institutional investors have signed up to the Principles for Responsible Institutional Investors
June 10, 2015:	Updated list of issuers of gift certificates in repayment procedures based on the "Payment Services Act"

(The following press releases are available in Japanese)

Securities

June 12, 2015:	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 who are operating financial instruments business without proper registration.
June 10, 2015:	Publication of statistics regarding over-the-counter (OTC) derivative transactions (as of March 31, 2015) «Summary» Pursuant to the “Financial Instruments and Exchange Act,” the FSA published the aggregated figures of OTC derivative transactions as of March 31, 2015. The figures are based on the reports from financial instruments business operators.
June 10, 2015:	Publication of "Statistics of NISA Accounts" «Summary» The FSA published "Statistics of NISA Accounts." As of March 31, 2015, there were 8.79 million NISA accounts in total, and over 4.41 trillion yen (approximately 36.0 billion USD) was invested through the NISA accounts.

Insurance

June 9, 2015:	Authorization of the merger of ORIX Life Insurance Corporation and Hartford Life Insurance K.K. «Summary» The FSA authorized the merger of ORIX Life Insurance Corporation and Hartford Life Insurance K.K. pursuant to the “Insurance Business Act.”

Others

June 12, 2015:

Publication of the results of the policy evaluation for fiscal year 2013 «Summary» Complying with the "Government Policy Evaluations Act," all Ministries and Agencies are required to conduct annual policy reviews and reflect the results to improve their policies in order to realize an efficient, high-quality, and results-oriented government administration. The FSA published the results of the policy evaluation for fiscal year 2013 pursuant to the "Government Policy Evaluations Act."

June 8, 2015:

Warnings about entities that are operating money lending businesses without proper registration «Summary» The FSA (Local Finance Bureaus) issued warnings about entities that are operating money lending businesses without proper registration. The warnings include the updated list of entities that lie about their registration with fictitious or stolen registration numbers.