What’s New on the FSA Website

Week of September 25 - September 29, 2017

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

Press Conferences

September 25, 2017:	Press Conference by the Minister for Financial Services (September 19, 2017) (Available in Japanese)
September 25, 2017:	Press Conference by the Minister for Financial Services (September 15, 2017) (Available in Japanese)

Public Comments

(The following public comments are available in Japanese)

September 29, 2017:	Publication of the finalized amendments to the “Comprehensive Guidelines for Supervision of Financial Instruments Business Operators” < Summary> The FSA finalized the amendments to the “Comprehensive Guidelines for Supervision of Financial Instruments Business Operators.” The amendments clarify supervisory points of attention regarding solicitation for financial instruments transactions using NISA scheme following the introduction of “installment investing NISA,” a system of tax exemption for dividends and capital gains derived from installment investing in the account, from January 2018. The amendments were enforced on October 1, 2017.
September 28, 2017:	Publication of the finalized amendments to the FSA’s regulatory notice of the designated IFRSs < Summary> The FSA finalized the amendments to the regulatory notice of the designated IFRSs stipulated in the “Regulation for Terminology, Forms and Preparation of Consolidated Financial Statements.” The amendments were enforced on September 28, 2017.
September 28, 2017:	Publication of the finalized amendments to the “Comprehensive Guidelines for Supervision of Major Banks, etc.” and the “Comprehensive Guidelines for Supervision of Small- and Medium-Sized and Regional Financial Institutions” < Summary> The FSA finalized the amendments to the “Comprehensive Guidelines for Supervision of Major Banks, etc.” and the “Comprehensive Guidelines for Supervision of Small- and Medium-Sized and Regional Financial Institutions.” The amendments pertain to banks’ ancillary business, which were enforced on September 28, 2017.

Press Releases

(The following press releases are available in English)

International 

September 29, 2017:	BIS Committee on Payments and Markets Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) issued a technical guidance “Harmonisation of the Unique Transaction Identifier”

Banks

September 29, 2017:	Intermediate Report  Roundtable on Risks Associated with the Settlement of Foreign Exchange Transactions

Others

September 29, 2017:	Updated statistics of money lending business
September 29, 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

September 29, 2017:	Administrative penalty charge against an individual for market manipulation regarding stocks of Asaka Riken Co.,Ltd. < Summary> On September 28, 2017, the FSA issued an order to impose an administrative penalty charge against an individual for market manipulation regarding stocks of Asaka Riken Co.,Ltd.
September 29, 2017:	Administrative penalty charge against an individual for committing insider trading regarding stocks of CCS Inc. by using insider information received < Summary> On September 28, 2017, the FSA issued an order to impose an administrative penalty charge against an individual for committing insider trading regarding stocks of CCS Inc. by using information received from an employee of CCS Inc.
September 27, 2017:	An 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 list of Japan-based entities).

Others

September 29, 2017:

New one-stop access to virtual currency related information published by the FSA < Summary> The FSA newly added a subpage to its website to provide one-stop access to virtual currency related information published by the FSA. The subpage aggregates and updates virtual currency related information such as the outline of applicable/relevant laws and regulations and the list of virtual currency exchange service providers registered with the FSA. The subpage also provides information for virtual exchange service users, such as matters that require attention for the use of services and the FSA’s contact information for inquiries and consultation, whereas for service providers, it provides information on the registration application format and registration screening procedure.