What’s New on the FSA Website

Week of April 18 – April 22, 2016

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

Press Conferences

April 21, 2016:	Press Conference by the Minister for Financial Services (April 19, 2016) (Available in Japanese)

Press Releases

(The following press releases are available in English)

International

April 22, 2016:	Basel Committee on Banking Supervision issued standards for Interest Rate Risk in the Banking Book
April 21, 2016:	Exchange of Letters on cooperation in the area of audit oversight with the Haut Conseil du commissariat aux comptes (H3C) in France

Others

April 22, 2016:	Decision to Establish the IFIAR Permanent Secretariat in Tokyo

(The following press releases are available in Japanese)

Councils

April 19, 2016:

Publication of the agenda and handouts of the joint session of the 37th general meeting of Financial System Council and the 25th meeting of Sectional Committee on Financial System «Summary» The FSA published the agenda and handouts of the joint session of the 37th general meeting of Financial System Council and the 25th meeting of Sectional Committee on Financial System, which was held on April 19, 2016.

Securities

April 22, 2016:	Updated lists 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 business operators, etc., engaging in specially permitted business for qualified institutional investors).
April 22, 2016:	Administrative penalty charge against Food Planet, Inc. for making false statements in securities reports «Summary» On March 29, 2016, the FSA issued an order to impose an administrative penalty charge against Food Planet, Inc. for making false statements in its securities reports.
April 22, 2016:	Administrative penalty charge against an individual for committing insider trading regarding stocks of SHIFT INC. «Summary» On March 28, 2016, the FSA issued an order to impose an administrative penalty charge against an individual for committing insider trading of stocks of SHIFT INC., by using information received from an officer of the entity.
April 22, 2016:	Administrative penalty charge against Trade Labo, Inc. for market manipulation regarding stocks of WiZ CO., LTD. «Summary» On March 16, 2016, the FSA issued an order to impose an administrative penalty charge against Trade Labo, Inc. for market manipulation regarding stocks of WiZ CO., LTD.
April 22, 2016:	Administrative penalty charge against an individual for market manipulation regarding stocks of WiZ CO., LTD. «Summary» On March 16, 2016, the FSA issued an order to impose an administrative penalty charge against an individual for market manipulation regarding stocks of WiZ CO., LTD.
April 18, 2016:	Revision of the FSA regulatory notice concerning the designation of related corporations of credit rating agencies (group designation concerning explanatory items of unregistered ratings) «Summary» The FSA updated the list in its regulatory notice concerning the designation of related corporations of credit rating agencies (group designation concerning explanatory items of unregistered ratings). These designated credit rating agencies are unregistered but belong to the same group as registered credit rating agencies and fulfill certain requirements. The duty of explanation to clients required of securities companies is mitigated when the credit ratings of agencies on this list are used, compared to when the agencies are not included on it.

Others

April 20, 2016:

Start of the “Financial Consultation Service for Kumamoto Earthquake Victims” «Summary» The FSA started the “Consultation Service for Kumamoto Earthquake Victims,” in order to respond to financial services inquiries from disaster-affected victims. If you have any problems in using the services of financial institutions, such as in withdrawing cash from your bank accounts in the case where you have lost your personal bankbooks or cash cards, please feel free to contact us at 28kumamoto@fsa.go.jp.