Financial Services AgencyFSA Weekly Review No.642

June 23, 2025

What’s New on the FSA Website

Week of June 16, 2025 - June 20, 2025

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

Press Conferences

June 20, 2025 Press Conference by the Minister of State for Financial Services (June 13, 2025) 

Public Comments

June 20, 2025 Publication of the finalized partial amendment of the Comprehensive Guidelines for Supervision of Financial Instruments Business Operators, etc.: In the Second Interim Report compiled by the Working Group on Capital Market Regulations, Financial System Council (published in December 2022), it was recommended to develop institutions for the Proprietary Trading System (PTS), which handles listed shares, etc., in order to ensure fairness in transactions and transparency in prices. In consideration of this recommendation, the Cabinet Office Order Partially Amending the Cabinet Office Order on Financial Instruments Business, etc. was enacted (put into effect on December 1, 2024). This partial amendment is for the required amendment accompanying the clarification of prices through the development of the relevant institutions.
The original press release is available in Japanese.open new window
June 16, 2025 Publication of the draft Cabinet Office Order Partially Amending the Cabinet Office Order Partially Amending the Regulation for Enforcement of the Banking Act, etc.:
Regulations on large credit facilities under the Banking Act, etc. have not been applied to commercial and industrial bonds issued by the Shoko Chukin Bank Ltd. for the time being, but the draft Cabinet Office Order provides for transitional measures for making them applicable. Public comments will be accepted until
5:00 p.m. (JST), July 16, 2025.
The original press release is available in Japanese.open new window

Press Releases

International

June 17,  2025 A speech on “Remarks on priorities for developing capital markets” at the Eurofi High Level Seminar 2025
June 17,  2025 Contribution of “Towards a more vibrant and resilient economy: A Japanese perspective” to the Eurofi Magazine

Publication

June 20, 2025 Practices and Issues on Climate-related Risk Management ~ Building on "Supervisory Guidance on Climate-related Risk Management and Client Engagement" ~
June 17, 2025 Publication of "FSA Analytical Notes (2025.6) vol.2: I. Analysis on credit risk management practices, and II. Understanding the utilization of Credit Guarantee System" in Japanese
June 17, 2025 Publication of "FSA Analytical Notes (2025.5): I. Attempt to effectively utilize text data, and II. Current trends in deposits"

Councils

June 20, 2025 The eighth meeting of the Working Group on Disclosure and Assurance of Sustainability-related Financial Information (of the Financial System Council)
June 20, 2025 Publication of the "Report (2025)" of the Working Group on Improving Internal Audits of Financial Institutions
The FSA has held meetings of the Working Group on Improving Internal Audits of Financial Institutions since January 2025 with the aim of reorganizing the levels of internal audits through hearing opinions broadly from people in the financial industry and intellectuals, while taking into account consistency with global standards. The Working Group exchanged views on five occasions in total and compiled the results as the "Report (2025)."

The original press release is available in Japanese.open new window
June 20, 2025 Publication of the "Report of the Working Group on Financial Infrastructure for Carbon Credit Transactions"
The Working Group has discussed early-stage points since June 2024 on seven occasions, while ascertaining the reality of carbon credit transactions through interviews with persons concerned, mainly those in the financial industry, and compiled the results as the report.

The original press release is available in Japanese.open new window
June 20, 2025 Publication of the agenda and handouts of the 29th meeting of the "Expert Panel on Sustainable Finance," which was held on June 20, 2025
The original press release is available in Japanese.open new window
June 18, 2025 Joint session of the 55th general meeting of Financial System Council and the 43rd meeting of Sectional Committee on Financial System
June 17, 2025 Publication of the agenda and handouts of the first meeting of the FSA's AI Public-Private Forum, to be held on June 18, 2025
The original press release is available in Japanese.open new window

Banks

June 20, 2025 Release of “Second Scenario Analysis on Climate-Related Risks (Banking Sector)”
June 19, 2025 A poster to disseminate information to safe deposit box users:
The "Comprehensive Guidelines for Supervision of Major Banks, etc." and the "Comprehensive Guidelines for Supervision of Small- and Medium-Sized and Regional Financial Institutions" were amended in May 2025 with the aim of ensuring the appropriateness and soundness of safe deposit box services provided by financial institutions. Accordingly, a poster to disseminate information on changes, etc. in safe deposit box services to be put up in financial institutions was created under the initiative of the Japanese Bankers Association. The poster is applicable to the industries of banks, shinkin banks, shinkumi banks, and labor banks.

The original press release is available in Japanese.open new window
June 18, 2025 Conclusion of the Information Cooperation Agreement between financial institutions and the National Police Agency for the purpose of preventing the spread of damage due to bank transfer scams, etc.:
On June 18, 2025, eight large banks, etc. (Mizuho Bank, Ltd.; MUFG Bank, Ltd.; Sumitomo Mitsui Banking Corporation; Resona Bank, Limited; Saitama Resona Bank, Limited; Kansai Mirai Bank, Limited; Minato Bank, Limited; and Sumitomo Mitsui Trust Bank) and the National Police Agency concluded the Information Cooperation Agreement. Under the agreement, information related to bank accounts that are highly likely to be victimized by fraud as ascertained by these banks, etc. through monitoring will be shared promptly with relevant prefectural polices and the National Police Agency, for the purpose of strengthening measures contributing to the prevention of fraud damage and arrests of perpetrators.

The original press release is available in Japanese.open new window

Insurance

June 20, 2025 Release of “2nd Scenario Analysis on Climate-Related Risks [Insurance Sector]”

Others

June 20, 2025 The FSA took a disciplinary action to order business suspension for one month (from June 24 to July 23, 2025) against a certified public accountant based on the provisions of Article 31, paragraph (1) of the Certified Public Accountants Act (Act No. 103 of 1948).
The original press release is available in Japanese.open new window
June 20, 2025 As the Act Partially Amending the Payment Services Act was enacted in June 2025, the regulation of payment services now applies to businesses engaging in cross-border payment collection services, except for cases falling under exclusion from application as prescribed by Cabinet Office Order. The FSA opened the Cross-Border Payment Collection Services Consultation Counter to receive consultations from businesses currently engaging in or considering starting cross-border payment collection services.
The original press release is available in Japanese.open new window
June 20, 2025 Updated lists of entities that are operating financial instruments businesses without proper registration
The original press release is available in Japanese.open new window
June 17, 2025 Publication of "Statistics of NISA Accounts" as of December 31, 2024 (final figures)
The original press release is available in Japanese.open new window
June 16, 2025 The 68th Meeting of the Financial Service ADR (Alternative Dispute Resolution) Liaison Group will be held on June 23, 2025.
The original press release is available in Japanese.open new window

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