Financial Services AgencyFSA Weekly Review No.363

October 18, 2019

What’s New on the FSA Website

Week of October 7, 2019 - October 11, 2019

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

Public Comments

(The following public comments are available in Japanese)

October 11, 2019 Publication of the draft amendments to the "Comprehensive Guidelines for Supervision of Major Banks, etc."open new window
<Summary>
The FSA proposed the draft amendments to the "Comprehensive Guidelines for Supervision of Major Banks, etc." The proposal aims to provide updates to the Guidelines in accordance with the "JFSA's supervisory approaches –Replacing checklists with engagement –" and the FSA's organizational reform.

Press Releases

(The following press releases are available in English)

International 

October 11, 2019 US NAIC-FSA Insurance Dialogue held in Washington DC
October 11, 2019 Exchange of Letters on Cooperation in the area of banking resolution with the Single Resolution Board(SRB)
October 9, 2019 PDFFSB Workshop on Pre-Positioning, Ring-Fencing, and Market Fragmentation - Remarks by Himino Ryozo, Vice Minister for International Affairs

 

Councils

October 9, 2019 Eleventh Meeting of the "Council for Cooperation on Financial Stability"

 

Others

October 9, 2019 Updated list of issuers of gift certificates in repayment procedures based on the “Payment Services Act”
October 7, 2019 Living in Japan: How to Open a Bank Account and Send Money

 


(The following press releases are available in Japanese)

Councils

October 8, 2019 Publication of the minutes of the plenary meeting of the Business Accounting Council and the sixth meeting of the Accounting Committee of the said Councilopen new window
<Summary>
The FSA published the minutes of the plenary meeting of the Business Accounting Council and the sixth meeting of the Accounting Committee of the said Council which were both held on September 3, 2019.

 

Others

October 9, 2019 Warnings about entities that are operating money lending businesses without proper registrationopen new window
<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.
October 7, 2019 Publication of the updated PoC test results of the first project for "FinTech PoC (Proof-of-Concept) Hub" and the updated FAQ at "FinTech Support Desk"open new window
<Summary>
The FSA has published the updated PoC test results of the first project for "FinTech PoC (Proof-of-Concept) Hub" and the updated FAQ at "FinTech Support Desk." The updates mainly pertain to a legal interpretation regarding Article 13 of the "Order for Enforcement of the Act on Prevention of Transfer of Criminal Proceeds."

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