What’s New on the FSA Website

Week of October 22, 2021 - October 28, 2021

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

Public Comments

October 26, 2021

Publication of the finalized "Cabinet Office Order to Amend the Cabinet Office Order on Transactions under Article 161-2 of the Financial Instruments and Exchange Act and Deposits Related Thereto" <Summary> The FSA finalized the "Cabinet Office Order to Amend the Cabinet Office Order on Transactions under Article 161-2 of the Financial Instruments and Exchange Act and Deposits Related Thereto." The amendments expressly set out in the rules of financial instruments firms associations certified by the FSA the current price and applicable rate regarding "substitute securities" in terms of margin transactions of foreign listed stocks and others. The amendments were enforced on October 26, 2021. (This public comment is available in Japanese) https://www.fsa.go.jp/news/r3/shouken/20211026/20211026-1.html

October 26, 2021

Publication of the draft regulatory notice designating the rules of Financial Instruments Firms Associations certified by the FSA, in accordance with Article 6, Paragraph (1), Item (iv) of the "Cabinet Office Order to Amend the Cabinet Office Order on Transactions under Article 161-2 of the Financial Instruments and Exchange Act and Deposits Related Thereto" <Summary> The FSA proposed the draft regulatory notice designating the rules of Financial Instruments Firms Associations certified by the FSA in accordance with Article 6, Paragraph (1), Item (iv) of the "Cabinet Office Order to Amend the Cabinet Office Order on Transactions under Article 161-2 of the Financial Instruments and Exchange Act and Deposits Related Thereto." The proposal mainly intends to designate the rules of financial instruments firms associations certified by the FSA in response to the enforcement of the said Cabinet Office Order, by which the current price and applicable rate regarding "substitute securities" in terms of margin transactions of foreign listed stocks and others have been expressly set out in the rules of the said associations. (This public comment is available in Japanese) https://www.fsa.go.jp/news/r3/shouken/20211026/20211026-2.html

Press Releases

Publication

October 28, 2021	FSA publishes English translation of monthly magazine, Access FSA No.217

 

Councils

October 28, 2021	Publication of the agenda and handouts of the third meeting of the "Working Group on Corporate Disclosure" (FY 2021) of the Financial System Council <Summary> The FSA published the agenda and handouts of the third meeting of the "Working Group on Corporate Disclosure" (FY 2021) of the Financial System Council, which was held on October 29, 2021. This press release is available in Japanese https://www.fsa.go.jp/singi/singi_kinyu/disclose_wg/siryou/20211029.html
October 25, 2021	Publication of the agenda and handouts of the 53rd meeting of the Audit Standard Committee of the Business Accounting Council <Summary> The FSA published the agenda and handouts of the 53rd meeting of the Audit Standard Committee of the Business Accounting Council, which was held on October 26, 2021. This press release is available in Japanese https://www.fsa.go.jp/singi/singi_kigyou/siryou/kansa/20211026.html
October 25, 2021	Publication of the agenda and handouts of the fourth meeting of the "Study Group on Lending and Business Turnaround Practices to Support Corporate Borrowers’ Business Enhancement" (provisional English title) <Summary> The FSA published the agenda and handouts of the fourth meeting of the "Study Group on Lending and Business Turnaround Practices to Support Corporate Borrowers’ Business Enhancement" (provisional English title) which was held on October 25, 2021. This press release is available in Japanese https://www.fsa.go.jp/singi/arikataken/siryo/20211025/20211025.html
October 22, 2021	The third meeting of the Working Group on Corporate Disclosure of the Financial System Council

 

Securities

October 28, 2021

Updated list of entities that are operating financial instruments businesses without proper registration (The 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. (See the updated lists of Japan-based entities* and foreign-based entities). * This list also includes the warned non-registered entities with untraceable/unidentified addresses. (This press release is available in Japanese) https://www.fsa.go.jp/ordinary/chuui/mutouroku.html

 

Others

October 27, 2021	Warning against fraudulent e-mail messages spoofing the FSA's e-mail address <Summary> The FSA issued a warning against fraudulent e-mail messages spoofing the FSA's e-mail address. This warning calls attention to refrain from opening suspicious or unexpected e-mail messages, even if they appear to be sent from officials of the FSA. In particular, the warning urges people not to open e-mail attachments or links in the body of e-mail messages, because of the potential risk of infection by computer viruses. This press release is available in Japanese https://www.fsa.go.jp/news/r3/sonota/20211027.html
October 27, 2021	Recommended browsers for access to the "FSA Electronic Application and Notification System" <Summary> The FSA issued a statement requesting the relevant financial associations to ensure that their member financial institutions use the recommended browsers for access to the "FSA Electronic Application and Notification System," which has been in operation since June 2021.* Recommended browsers to access the FSA's e-application and notification system are as follows: Google Chrome Mozilla Firefox Microsoft Edge Note: No Internet Explorer (IE) users will be able to access the "FSA Electronic Application and Notification System" in the future due to the end of support for IE-related products. *The (non-contact) online system was introduced in line with the FSA's promotion of online administrative procedures to improve operational efficiency against the backdrop of the impact of COVID-19. This press release is available in Japanese https://www.fsa.go.jp/news/r3/sonota/20211026.html
October 27, 2021	FSA updated Information on COVID-19 (Novel Coronavirus)
October 27, 2021	Update on Progress toward Further Efficiency and Transparency in the Screening Procedures for Licensing and Registration of Financial Businesses
October 26, 2021	The third meeting of the Working Group on Corporate Disclosure of the Financial System Council