FSA Weekly Review No.217 November 4, 2016

What’s New on the FSA Website

Week of October 24 – October 28, 2016

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

Press Conferences

October 26, 2016: Press Conference by the Minister for Financial Services (October 25, 2016) (Available in Japaneseopen new window)
October 25, 2016: Press Conference by the Minister for Financial Services (October 21, 2016) (Available in Japaneseopen new window)
October 24, 2016: Press Conference by the Minister for Financial Services (October 18, 2016) Japanese versionopen new window

Press Releases

(The following press releases are available in English)

International

October 25, 2016: FSA and NAIC held the sixth meeting of the Insurance Regulatory Dialogue

Councils

October 25, 2016: The third meeting of the Working Group on the Financial System of the Financial System Council (October 28th, 2016)

Others

October 28, 2016: Publication of Summary Points from Progress and Assessment of the Strategic Directions and Priorities 2015-2016
October 28, 2016: Updated list of issuers of gift certificates in repayment procedures based on the “Payment Services Act”
October 28, 2016: Updated statistics of money lending business
October 25, 2016: Agenda of the third meeting of the Panel of Experts on FinTech Start-ups

(The following press releases are available in Japanese)

Securities

October 26, 2016: The first trial of an administrative penalty case against an individual for committing insider trading regarding stocks of Nippon Manufacturing Service Corporationopen new window
«Summary»
On November 2, 2016, the first trial of an administrative penalty case against an individual for committing insider trading regarding stocks of Nippon Manufacturing Service Corporation by using information obtained as an employee of a contractor of the aforementioned entity.

Others

October 28, 2016: “Symposium on Protection against Financial Fraud” in Kanazawa Cityopen new window
«Summary»
On November 22, 2016, the FSA and the Hokuriku Local Finance Bureau will jointly hold the “Symposium on Protection against Financial Fraud” in Kanazawa City, Ishikawa Prefecture. The Symposium is aimed at preventing consumers from getting involved in trouble related to financial fraud.
October 26, 2016: Publication of an outline of key comments received at the “Contact for Financial Policies Monitor,” a neutral third-party comprised of external expertsopen new window
«Summary»
To ensure the effectiveness and transparency of the Financial Policies Monitor System, the FSA published an outline of key comments received at the “Contact for Financial Policies Monitor,” a neutral third-party comprised of external experts, over the three-month period from March to May 2016. The outline also includes corresponding actions taken (or to be taken) by the FSA.
The FSA is to publish the outline on a regular basis.
October 24, 2016: Publication of the agenda and handouts of the third meeting of the “Advisory Group on Supervisory Approaches”open new window
«Summary»
The FSA published the agenda and handouts of the third meeting of “Advisory Group on Supervisory Approaches” held on October 24, 2016.
October 24, 2016: Financial measures to deal with disasters caused by the earthquake in the mid-Tottori Prefecture (PDFTottori Local Finance Office of the Chugoku Local Finance Bureauopen new window)
«Summary»
On October 21, 2016, Tottori Local Finance Office of the Chugoku Local Finance Bureau and the Bank of Japan’s Matsue branch issued a joint statement “Financial Measures to deal with disasters caused by the earthquake in the mid-Tottori Prefecture” to relevant financial institutions. The statement requests financial institutions in Tottori Prefecture to appropriately deal with victims of the disaster considering their circumstances, such as flexibly responding to the needs of deposit withdrawal.

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