What’s New on the FSA Website

Week of August 13 - August 17, 2018

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

Press Conferences

August 16, 2018	Press Conference by the Minister for Financial Services (July 13, 2018) (Available in Japanese)
August 16, 2018	Press Conference by the Minister for Financial Services (July 10, 2018) Japanese version
August 16, 2018	Press Conference by the Minister for Financial Services (July 6, 2018) Japanese version

Public Comments

(The following public comment is available in Japanese)

August 15, 2018

Publication of the finalized amendments to the “Order for Enforcement of the Banking Act”   < Summary> The FSA finalized the amendments to the “Order for Enforcement of the Banking Act,” based on the outline of the FSA’s directions in terms of reviewing financial regulations in response to evolving financial environment which was published on May 9, 2018. The amendments provide an extension to holidays and weekends of specified bank agents and business offices of banks and bank agents. (It also mitigates the rules pertaining to operational procedures taken by business offices of banks and bank agents). The Order was enforced on August 16, 2018.

Press Releases

(The following press releases are available in English)

International 

August 13, 2018	The Financial Stability Board (FSB), the Committee on Payments and Market Infrastructures (CPMI), the International Organization of Securities Commissions (IOSCO) and the Basel Committee on Banking Supervision (BCBS) published a report, Analysis of Central Clearing Interdependencies

Others

Augsut 15, 2018	Updated list of issuers of gift certificates in repayment procedures based on the “Payment Services Act”

(The following press releases are available in Japanese)

Others

August 17, 2018

Publication of a report titled “Current Status of Anti-Money Laundering and Combating the Financing of Terrorism for the Financial Services Industry in Japan” (provisional English title)  < Summary> The FSA published a report titled “Current Status of Anti-Money Laundering and Combating the Financing of Terrorism for the Financial Services Industry in Japan” (provisional English title), aiming to encourage the financial services industry in Japan to further improve effective programs on anti-money laundering and combating the financing of terrorism (AML/CFT) for the respective sectors. The report outlines the AML/CFT measures taken by the FSA ever since the publication of the “Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism” in February 2018, as well as some good/bad practices noted in the respective sectors that are under the jurisdiction of the FSA.

August 16, 2018

Activities of the FSA’s Counseling Office for Financial Services Users between April 1 and June 30, 2018  < Summary> The FSA’s Counseling Office for Financial Services Users offers a counseling service to respond to inquiries and comments from financial services users. Between April 1 and June 30, 2018, the counseling office received 9,430 inquiries and comments, down 2,086 cases from 11,516 cases in the previous quarter (between January 1 and March 31, 2018).