What’s New on the FSA Website

Week of February 6 – February 10, 2017

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

Press Conferences

February 9, 2017:	Press Conference by the Minister for Financial Services (February 7, 2017) Japanese version
February 9, 2017:	Press Conference by the Minister for Financial Services (February 3, 2017) (Available in Japanese)

Public Comments

(The following public comment is available in Japanese)

February 6, 2017:

Publication of a cabinet office ordinance to amend the “Ordinance on Terminology, Forms and Preparation Methods of Consolidated Financial Statements” «Summary» The FSA proposed a cabinet office ordinance to amend the “Ordinance on Terminology, Forms and Preparation Methods of Consolidated Financial Statements,” following the ASBJ’s publication of the Exposure Draft of Practical Solution on Operators’ Accounting for the Concession-based Private Finance Initiative Projects (Exposure Draft of PITF (Practical Issues Task Force) No.48). The proposal is to reflect the revised practical solution published by the ASBJ.

Press Releases

(The following press releases are available in English)

International

February 9, 2017:	International Organization of Securities Commissions (IOSCO) published “IOSCO Research Report on Financial Technology”

Publication

February 9, 2017:	Publication of the 162th issue of the FSA’s monthly journal, Access FSA

Others

February 10, 2017:	Toward Further Efficiency and Transparency in the Screening Procedure for Licensing and Registration of Financial Businesses
February 9, 2017:	Updated list of issuers of gift certificates in repayment procedures based on the “Payment Services Act”

(The following press releases are available in Japanese)

Securities

February 10, 2017:	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 list of Japan-based entities and foreign-based entities).

Others

February 8, 2017:	Warnings about entities that are operating money lending businesses without proper registration «Summary» The FSA (Local Finance Bureaus) updated 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.
February 7, 2017:	Symposiums for effective financial intermediation in region-based relationship banking for FY 2016 (April 2016-March 2017) to be held in March 2017 «Summary» Local Financial Bureaus (including Okinawa General Bureau of the Cabinet Office) have been holding symposiums since FY 2005 to stay updated with expertise and know-how on practices in region-based relationship banking. Effective financial intermediation is the main topic of the symposiums scheduled in March 2017.
February 6, 2017:	Request for financial measures to deal with the outbreak of Highly Pathogenic Avian Influenza (HPAI) in Saga Prefecture (Fukuoka Local Finance Bureau) «Summary» Fukuoka Local Finance Bureau issued the statement “Financial Measures in Response to the Report of the Subspecies of Highly Pathogenic Avian Influenza (HPAI)” to relevant financial institutions in Saga Prefecture. The statement requests financial institutions to cooperate with prefectural authorities and appropriately deal with HPAI-affected parties (poultry farms, processors, and trade) considering their circumstances, such as by attentively responding to the needs of business management consultation and new loans or change of loan terms.
February 6, 2017:	Joint promotion for “NISA Day (February 13)” «Summary» On February 13, 2017, the FSA and relevant financial industry associations promoted investment through NISA for more individual investors to spread basic knowledge about investment and the current schemes of NISA. “February 13” in Japanese sounds similar to the sound of NISA (niːsa), which was the reason why the day was chosen as the day to encourage investment through NISA.