What’s New on the FSA Website

Week of November 30 – December 4, 2015

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

Press Conferences

December 2, 2015:	Press Conference by the Minister for Financial Services (December 1, 2015) (Available in Japanese)
November 30, 2015:	Press Conference by the Minister for Financial Services (November 27, 2015) (Available in Japanese)
November 30, 2015:	Press Conference by the Minister for Financial Services (November 27, 2015) (Available in Japanese)

Press Releases

(The following press releases are available in English)

International

December 3, 2015:	BIS Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) published a report “Assessment and review of application of responsibilities for authorities”

Banks

December 4, 2015:	Overview of major banks' financial results as of September 30, 2015
December 4, 2015:	Overview of regional banks' financial results as of September 30, 2015
November 30, 2015:	Update on measures taken in response to the Great East Japan Earthquake (as of November 30, 2015)

Insurance

December 4, 2015:	Overview of financial results of major insurance companies as of September 30, 2015

Publication

December 1, 2015:	Publication of the 149th issue of the FSA’s monthly journal, Access FSA

Others

December 4, 2015:	Updated list of issuers of gift certificates in repayment procedures based on the “Payment Services Act”
November 30, 2015:	Speech by Mr. Nobuchika Mori, Commissioner, at the 31st Annual General Meeting of the International Bankers Association of Japan [Speech]

(The following press releases are available in Japanese)

Councils

December 2, 2015:	Publication of the agenda and handouts of the sixth meeting of the Working Group on Payments and Transaction Banking of the Financial System Council «Summary» The FSA published the agenda and handouts of the sixth meeting of the Working Group on Payments and Transaction Banking of the Financial System Council, which was held on December 2, 2015.

Banks

December 4, 2015:	Designation of G-SIBs and D-SIBs «Summary» The FSA designated Global Systemically Important Banks (G-SIBs) and Domestic Systemically Important Banks (D-SIBs) based on international agreements pursuant to the Basel III capital buffer rules. The capital buffer rules will be phased in from March 31, 2016 through 2019. G-SIBs and D-SIBs are subject to additional capital requirements (a higher loss absorbency capital requirement) depending on the degree of their systemic importance. Specifically, the FSA designated the followings as G-SIBs. Mitsubishi UFJ Financial Group, Inc. (1.5%) Mizuho Financial Group, Inc. (1.0%) Sumitomo Mitsui Financial Group (1.0%) Also, the FSA designated these three entities (G-SIBs) and the following four entities as D-SIBs. Sumitomo Mitsui Trust Holdings, Inc. (0.5%) The Norinchukin Bank (0.5%) Daiwa Securities Group Inc. (0.5%) Nomura Holdings, Inc. (0.5%) (Note)The numbers in parentheses are additional capital requirements for G-SIBs and D-SIBs.
November 30, 2015:	Figures regarding suspended repayments following the Great East Japan Earthquake (as of August 31, 2015) «Summary» The FSA published the number of debtors and the amount of debts for which 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).
November 30, 2015:	Requests for the facilitation of financing for small and medium-sized enterprises during the year-end season «Summary» On November 30, 2015, the FSA requested that bank associations of deposit taking financial institutions and The Norinchukin Bank facilitate financing for small and medium-sized enterprises during the year-end season.

Securities

December 3, 2015:	Updated list of entities that are operating financial instruments businesses without proper registration (Kanto Local Finance Bureau) «Summary» The FSA (Kanto Local Finance Bureau) issued a warning to GFB CAPITAL Ltd., which is operating a financial instruments business without proper registration.

Others

December 4, 2015:	Publication of the summary of the second meeting of the Advisory Council on the Systems of Accounting and Auditing «Summary» The FSA published the summary of the second meeting of the Advisory Council on the Systems of Accounting and Auditing, which was held on November 20, 2015.
December 4, 2015:	Publication of the agenda and handouts of the 50th Meeting of the Financial Service ADR (Alternative Dispute Resolution) Liaison Group on December 4, 2015 «Summary» The FSA published the agenda and handouts of the 50th Meeting of the Financial Service ADR Liaison Group, which was held on December 4, 2015.