What’s New on the FSA Website

Week of February 8 – February 12, 2016

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

Press Conferences

February 10, 2016:	Press Conference by the Minister for Financial Services (February 9, 2016) Japanese version
February 8, 2016:	Press Conference by the Minister for Financial Services (February 5, 2016) (Available in Japanese)

Public Comments

(The following public comments are available in Japanese)

February 10, 2016:

Publication of a draft amendment to the “Ordinance for Enforcement of the Insurance Business Act” «Summary» The FSA proposed a draft amendment to the “Ordinance for Enforcement of the Insurance Business Act.” The amendment pertains to the insurance companies’ underwriting of insurance for fertility treatments.

February 8, 2016:

Publication of draft amendments to the “Ordinance for the Enforcement of the Banking Act” pertaining to the enforcement of the “Act on the Partial Revision of the Agricultural Cooperatives Act” «Summary» The FSA proposed draft amendments to the “Ordinance for the Enforcement of the Banking Act” pertaining to the enforcement of the “Act on the Partial Revision of the Agricultural Cooperatives Act (Act No. 63 of 2015).”

Press Releases

(The following press releases are available in English)

International

February 12, 2016:	Basel Committee on Banking Supervision published a revised report “General guide to account opening”

Councils

February 15, 2016:	The third meeting of the Working Group on Corporate Disclosure of the Financial System Council

Publication

February 9, 2016:	Publication of the 151th issue of the FSA’s monthly journal, Access FSA

Others

February 12, 2016:	Updated list of issuers of gift certificates in repayment procedures based on the “Payment Services Act”

(The following press releases are available in Japanese)

Councils

February 8, 2016:

Publication of the agenda and handouts of the joint session of the 36th general meeting of Financial System Council and the 24th meeting of Sectional Committee on Financial System «Summary» The FSA published the agenda and handouts of the joint session of the 36th general meeting of Financial System Council and the 24th meeting of Sectional Committee on Financial System, which was held on February 8, 2016.

Banks

February 12, 2016:	The updated Business Revitalization Plan of Shinsei Bank Limited «Summary» The FSA accepted the updated Business Revitalization Plan of Shinsei Bank Limited.
February 12, 2016:	Symposiums on region-based relationship banking for FY2015 (April 2015-March 2016) to be held in March 2016 «Summary» Local Financial Bureaus (including Okinawa General Bureau of the Cabinet Office) have been holding symposiums on region-based relationship banking since FY2005.

Securities

February 10, 2016:	Updated list of entities that are operating financial instruments businesses without proper registration (Kanto Local Finance Bureau) «Summary» The FSA and the Kanto Local Finance Bureau issued warnings to entities that are operating financial instruments businesses without proper registration. (cf. updated lists of Japan-based entities and foreign-based entities).

Others

February 12, 2016:	The sixth meeting of the Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code to be held on February 18, 2016 «Summary» On February 18, 2016, the FSA will hold its sixth meeting of the Council of Experts Concerning the Follow-up of Japan’s Stewardship Code and Japan’s Corporate Governance Code.
February 12, 2016:	Publication of the summary of the third meeting of the Advisory Council on the Systems of Accounting and Auditing «Summary» The FSA published the summary of the third meeting of the Advisory Council on the Systems of Accounting and Auditing, which was held on January 27, 2016.
February 12, 2016:	Publication of the new reference casebook on agricultural cooperatives’ credit businesses «Summary» The Ministry of Agriculture, Forestry and Fisheries (the MAFF) and the FSA jointly published the new reference casebook on agricultural cooperatives’ credit businesses. The casebook introduces problematic cases to agricultural cooperatives in order to establish appropriate governance and management system. The cases were selected from the examples identified in the inspections on agricultural cooperatives conducted from February 2013 through March 2015.
February 9, 2016:	Publication of the budget for each policy measure «Summary» The FSA published the budget for each policy measure for FY2016.
February 8, 2016:	Warnings about entities that are operating money lending businesses without proper registration «Summary» The FSA (Local Finance Bureaus) updated its warnings about entities that are operating money lending businesses without proper registration. The warnings include the updated list of entities that misrepresent their registration using fictitious or stolen registration numbers.