FSA Weekly Review No.633

What’s New on the FSA Website

Week of April 7, 2025 - April 11, 2025

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

Public Comments

April 11, 2025	Publication of the draft amendments of the Cabinet Office Order on Definitions under Article 2 of the Financial Instruments and Exchange Act, the Cabinet Office Order on Restrictions on Securities Transactions, and the Cabinet Office Order on Solicitation of Proxy Voting for Listed Shares for public consultation (the public consultation will end at 5:00 p.m. on May 11, 2025.) The original press release is available in Japanese.
April 10, 2025	Publication of the results of the public consultation on the finalized draft "regulatory notice designating certain rules of certified associations for payment service providers pursuant to the provision of Article 32, paragraph (7) of the Cabinet Office Order on Electronic Payment Instruments Service Providers" and the finalized draft "regulatory notice designating certain rules pursuant to the provision of Article 39, paragraph (1) of the Cabinet Office Order on Electronic Payment Instruments Service Providers" The original press release is available in Japanese.
April 9, 2025	Publication of the results of the public consultation on the draft partial revision of the "Guidelines for Administrative Processes (Financial Companies)" regarding cryptoasset exchange service providers: regarding the sale of cryptoassets to investors with certain knowledge and experience by cryptoasset exchange service providers The original press release is available in Japanese.

Press Releases

Policies

April 8, 2025	Updated information on the cash flow-based lending system (Enterprise Value Charge): link to the "Report on Utilizing of Enterprise Value Charge by Japanese Bankers Association" added The original press release is available in Japanese.

International 

Publication

April 10, 2025	Publication of the discussion paper, which compiles the results of the examination of regulatory systems related to crypto assets, for public consultation The original press release is available in Japanese.
April 10, 2025	Publication of AI Discussion Paper

Councils

April 10, 2025	Publication of the agenda for the sixth meeting of the Working Group on Financial Infrastructure for Carbon Credit Transactions  to be held on April 11, 2025 The original press release is available in Japanese.
April 10, 2025	Twenty-second Meeting of the "Council for Cooperation on Financial Stability"
April 10, 2025	The third meeting of the Expert Study Group on Assurance of Sustainability-related Financial Information (of the Financial System Council)
April 8, 2025	Publication of the minutes of the third meeting of the Expert Panel on the Stewardship Code  for FY2024, which was held on February 26, 2025 The original press release is available in Japanese.
April 8, 2025	Publication of the outline of the first meeting of the Expert Panel on the NISA Program , which was held on April 3, 2025 The original press release is available in Japanese.
April 8, 2025	Holding of the sixth meeting of the Working Group on Financial Infrastructure for Carbon Credit Transactions to be held on April 11, 2025 The original press release is available in Japanese.
April 8, 2025	Publication of the minutes of the fourth meeting of the Working Group on Financial Infrastructure for Carbon Credit Transactions (provisional English title), which was held on January 28, 2025 The original press release is available in Japanese.

Securities

April 8, 2025

Based on the findings regarding the inappropriate business operation of Tachibana Securities, Co. Ltd. in its sales activities for domestic shares (inappropriate solicitation for investment, excessive transactions causing customers to bear excessive fees, and insufficient internal control environment and management structure), the Kanto Local Finance Bureau issued an administrative action (business improvement order) against the company. The original press release is available in Japanese.

Others

April 11, 2025	Publication of the Research Report, "Study on Global Investors' Focus Areas Regarding Human Capital Disclosure and Corporate Case Studies"
April 10, 2025	Revision of the "FSA's Business Continuity Plan (BCP) – Responses in the Wake of an Outbreak of Pandemic Influenza –", accompanying the revisions of the "National Action Plan for Novel Influenza, etc." and the "Business Continuity Guidelines for Government Ministries and Agencies in Response to Novel Influenza, etc."  The original press release is available in Japanese.
April 9, 2025	Minister for Financial Services Kato provided explanations at the House of Representatives Committee on Financial Affairs with regard to the outline of the "Report on the Measures for the Resolution of Failed Financial Institutions," which covers the developments between April 1, 2023, and September 30, 2024. The original press release is available in Japanese.
April 8, 2025	Minister for Financial Services Kato provided explanations at the House of Councillors Committee on Financial Affairs with regard to the outline of the "Report on the Measures for the Resolution of Failed Financial Institutions," which covers the developments between April 1, 2023, and September 30, 2024 The original press release is available in Japanese.