What’s New on the FSA Website

Week of September 3 - September 7, 2018

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

Press Releases

(The following press releases are available in English)

International 

September 3, 2018	Basel Committee on Banking Supervision (BCBS) released a technical amendment 'Pillar 3 disclosure requirements - regulatory treatment of accounting provisions'

Others

September ５, 2018	Updated list of issuers of gift certificates in repayment procedures based on the “Payment Services Act”
September 4, 2018	Stewardship Code : 233 institutional investors have signed up to the Principles for Responsible Institutional Investors as of August 31, 2018

(The following press releases are available in Japanese)

Others

September 7, 2018	Publication of the agenda and reference materials of the second meeting of the “Study Group on Supervisory Approaches to Lending Practices” < Summary> The FSA published the agenda and reference materials of the second meeting of the “Study Group on Supervisory Approaches to Lending Practices,” which was held on September 10, 2018.
September 6, 2018	Financial measures to deal with disasters caused by Hokkaido Eastern Iburi Earthquake (The Hokkaido Local Finance Bureau) < Summary> The Hokkaido Local Finance Bureau and the Bank of Japan’s Kushiro Branch, Sapporo Branch, and Hakodate Branch issued a joint statement titled “Financial Measures to Deal with Disasters Caused by Hokkaido Eastern Iburi Earthquake” to the relevant financial institutions. The statement requests the financial institutions in Hokkaido Prefecture to appropriately deal with victims of the disaster considering their circumstances, such as flexibly responding to the needs of deposit withdrawal.
September 5, 2018	Publication of the updated FSA’s Business Continuity Plan < Summary> Since the publication of the FSA’s “Business Continuity Plan (BCP) – Responses in the Wake of a Tokyo Inland Earthquake –” and “BCP – Responses in the Wake of an Outbreak of Pandemic Influenza –” (both English titles are provisional) in June 2008 and August 2010 respectively, the FSA has ensured to improve its BCPs in the wake of a Tokyo inland earthquake and an outbreak of pandemic influenza. In accordance with the enforcement of the amendments to the “Cabinet Order for Organization of the Financial Services Agency,” the FSA updated both of the aforementioned BCPs to reflect the amendments to the Cabinet Order. In this respect, the FSA also updated its “Civil Protection Plan” and “Disaster Prevention Operation Plan” pursuant to the “Act on Measures to Protect the People in Armed Attack Situations” and the “Basic Act on Disaster Control Measures.”
September 3, 2018	Request for financial measures to deal with disasters caused by the heavy rain which started on August 30, 2018 (The Yamagata Local Finance Office of the Tohoku Local Finance Bureau) < Summary> On September 1, 2018, the Yamagata Local Finance Office of the Tohoku Local Finance Bureau and the Bank of Japan’s Sendai Branch issued a joint statement titled “Financial Measures to Deal with Disasters Caused by the Heavy Rain which Started on August 30, 2018” to the relevant financial institutions. The statement requests the financial institutions in Yamagata Prefecture to appropriately deal with victims of the disaster considering their circumstances, such as flexibly responding to the needs of deposit withdrawal.
September 3, 2018	2018 campaign for multiple-debt problem consultation < Summary> From September 1 through December 31, 2018, the FSA, Local Finance Bureaus, local governments, and related organizations cooperate to hold an annual campaign based on the “Program to Remedy the Multiple-Debt Problem” decided in 2007 by the headquarters for the multiple-debt problems in the Cabinet Office. During the campaign, free of charge consultation services are provided nationwide and publicity activities are held to encourage the potential multiple debtors to come to the consultation counters.