Financial Services AgencyFSA Weekly Review No.268

November 9, 2017

What’s New on the FSA Website

Week of October 30 - November 2, 2017

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

Press Releases

(The following press releases are available in English)

Publication

October 31, 2017: Publication of the 171th issue of the FSA’s monthly journal, Access FSA


Others

November 2, 2017: Updated list of issuers of gift certificates in repayment procedures based on the “Payment Services Act”
October 30, 2017: Updated statistics of money lending business


(The following press releases are available in Japanese)

Banks

October 31, 2017: Information sharing on cases regarding unauthorized use of bank accountsopen new window
< Summary>
The FSA and local finance bureaus provide information regarding unauthorized use of bank accounts to relevant financial institutions and law enforcement authorities after obtaining consents from informants. The FSA has published statistics that include the number of information sharing on cases regarding unauthorized use of deposit accounts up till September 30, 2017 since September 2003, along with the corresponding actions taken by financial institutions.


Securities

October 30, 2017: Updated lists of entities that are operating financial instruments businesses without proper registration (Kanto Local Finance Bureau)open new window
< 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 PDFJapan-based entitiesopen new window and PDFforeign-based entitiesopen new window).


Others

November 2, 2017: The first project selected for “FinTech PoC (Proof-of-Concept) Hub”open new window
< Summary>
Following the establishment of “FinTech PoC (Proof-of-Concept) Hub” in September 2017, the FSA selected the first PoC project which fulfilled all requirements to provide its support through “FinTech PoC Hub”.
October 31, 2017: Request for financial measures to deal with disasters caused by Typhoon No. 21 (The Kyoto Local Finance Office of the Kinki Local Finance Bureau) (October 30, 2017)open new window
< Summary>
On October 30, 2017, the Kyoto Local Finance Office of the Kinki Local Finance Bureau and the Bank of Japan’s Kyoto Branch issued a joint statement titled “Financial Measures to deal with disasters caused by Typhoon No. 21, 2017” to the relevant financial institutions. The statement requests financial institutions in Kyoto Prefecture to appropriately deal with victims of the disaster considering their circumstances, such as by making the repayment of deposits flexible.

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