What’s New on the FSA Website

Week of May 23 – May 27, 2016

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

Press Conferences

May 25, 2016:	Press Conference by the Minister for Financial Services (May 24, 2016) (Available in Japanese)
May 23, 2016:	Press Conference by the Minister for Financial Services (May 17, 2016) (Available in Japanese)

Press Releases

(The following press releases are available in English)

International

May 27, 2016:	Financial Stability Board (FSB) published a report “Thematic Review on the Implementation of the FSB Policy Framework for Shadow Banking Entities”

Others

May 27, 2016:	Stewardship Code : 207 institutional investors have signed up to the Principles for Responsible Institutional Investors
May 25, 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)

Banks

May 25, 2016:

Outline of the “Reports on the Measures for the resolution of failed financial institutions” delivered by the Minister of State for Financial Services, Taro Aso, in the Committee on Financial Affairs of the House of Representatives «Summary» The Minister of State for Financial Services, Taro Aso, delivered an outline of the “Reports on the Measures for the resolution of failed financial institutions” in the Committee on Financial Affairs of the House of Representatives. The reports, addressing two semiannual periods extending from October 1, 2014 to March 31, 2015, and from April 1, 2015 to September 30, 2015, were submitted to the Diet respectively on June 26, 2015 and December 11, 2015, pursuant to the “Act on Emergency Measures for the Revitalization of the Financial Functions.”

Securities

May 27, 2016:	Publication of “Statistics of NISA Accounts” «Summary» The FSA published “Statistics of NISA Accounts.” As of December 31, 2015, there were 9.88 million NISA accounts in total, and over 6.4 trillion yen (approximately 58.3 billion USD) was invested through the NISA accounts.
May 24, 2016:	Administrative action against Topgain, Inc. (Kanto Local Finance Bureau) «Summary» The Kanto Local Finance Bureau took and administrative action against Topgain, Inc. ordering the revocation of the entity’s registration and the improvement of its business operations pursuant to the “Financial Instruments and Exchange Act.” This administrative action is based on a recommendation from the Securities and Exchange Surveillance Commission (SESC) as a result of their on-site inspection.
May 24, 2016:	Administrative penalty charge against ENERES Co.,Ltd. for making false statements in securities reports «Summary» On March 23, 2016, the FSA issued an order to impose an administrative penalty charge against ENERES Co.,Ltd. for making false statements in its securities reports.
May 24, 2016:	Administrative penalty charge against Blue Sky Capital Management Pty Ltd for market manipulation regarding stocks of mixi, Inc. «Summary» On May 23, 2016, the FSA issued an order to impose an administrative penalty charge against Blue Sky Capital Management Pty Ltd for market manipulation regarding stocks of mixi, Inc.
May 24, 2016:	Updated list of qualified institutional investors engaging in specially permitted businesses who are operating financial instruments businesses without proper registration. (Kinki Local Finance Bureau and Tokai Local Finance Bureau) «Summary» The FSA (Kinki Local Finance Bureau and Tokai Local Finance Bureau) issued warnings to qualified institutional investors engaging in specially permitted businesses who are operating financial instruments businesses without proper registration.

Others

May 23, 2016:	The 51st Meeting of the Financial Service ADR (Alternative Dispute Resolution) Liaison Group on June 9, 2016 «Summary» On June 9, 2016, the Financial Service ADR Liaison Group will hold its 51st meeting. At the meeting, the Group will receive a report on the implementation of the financial ADR system, and will discuss further enhancement of the system.