Financial Services AgencyFSA Weekly Review No.688

May 26, 2026

What’s New on the FSA Website

Week of May 18, 2026 - May 22, 2026

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

For files in HTML formats, when you click original press release links, and click the "Language" button on the upper right of the Japanese website, and select "Machine translation" displayed on the screen, the results of the translation by AI are displayed. Please note that machine translated pages are not necessarily correct.

Press Conferences

May 21, 2026 Press Conference by the Minister of State for Financial Services (May 12, 2026) 
May 19, 2026 Joint Press Conference of the ASEAN+3 Co-Chairs (May 3, 2026) 

Public Comments

May 22, 2026 The FSA compiled draft Cabinet Order and Cabinet Office Orders, etc. in relation to the amendments of the Act on Special Measures for Strengthening Financial Functions and other FSA-related Acts in 2026, and will seek public comments.
Major amendments: (1) capital participation system; (2) fund-grant system; and (3) others
Public comments will be accepted until no later than 5:00 p.m. (JST), June 5, 2026.
The original press release is available in Japanese.open new window
May 22, 2026 Promulgation of the Cabinet Order and Cabinet Office Orders, etc. in relation to the amendment of the Payment Services Act in 2025, and publication of the results of the public consultation on the relevant Cabinet Order, etc.
Major amendments: (1) development of the provisions concerning electronic payment instruments and cryptoassets; (2) development of the provisions concerning funds transfer services; (3) development of the provisions concerning banks and insurance companies and their subsidiaries, etc.; and (4) other required amendments
The original press release is available in Japanese.open new window
May 22, 2026 Promulgation of the Cabinet Order Partially Amending the Order for Enforcement of the Financial Instruments and Exchange Act, etc. and publication of the results of the public consultation on the relevant Cabinet Order, etc.
Major amendments: (1) expansion of the scope of specified beneficial interests in trusts that are not deemed to be securities; and (2) review of the definition of the term “parent company” under insider trading regulations
The original press release is available in Japanese.open new window
May 19, 2026 Promulgation of the Cabinet Office Order Partially Amending the Cabinet Office Order on Electronic Payment Instruments Service Providers, etc. and publication of the results of the public consultation on the relevant Cabinet Office Order, etc.
Outline of the amendment: (1) expansion of the scope of foreign beneficial interests in trusts that are treated as electronic payment instruments, etc.; and (2) expansion of the scope of foreign beneficial interests in trusts that are not deemed to be securities.
The original press release is available in Japanese.open new window
May 19, 2026 Promulgation of the Public Notice Partially Amending the Public Notice on Designation of the Sustainability Disclosure Standards Prescribed in Article 19-9, Paragraph (5) of the Cabinet Office Order on Disclosure of Corporate Affairs, etc. and publication of the results of the public consultation on the relevant Public Notice
The original press release is available in Japanese.open new window
May 18, 2026 Publication of information on public consultation on the draft Cabinet Office Order Partially Amending the Regulation for Enforcement of the Banking Act
The Act on Financial Debt Adjustment Procedures for Enterprises to Facilitate Business Recovery, which was enacted on June 13, 2025, provides for new corporate rehabilitation procedures (referred to below as “early corporate rehabilitation procedures”). Accordingly, the Cabinet Office Order aims to develop provisions and make amendments as required for the purpose of clarifying the point that banks, etc. are allowed to make a company under early corporate rehabilitation procedures a subsidiary.
Public comments will be accepted until no later than 5:00 p.m. (JST), June 17, 2026.
The original press release is available in Japanese.open new window

Press Releases

Councils

May 22, 2026 The Expert Panel on the Revision of the Corporate Governance Code (2nd meeting) Minutes
May 22, 2026 Publication of the agenda and handouts of the first meeting of the Committee on Assurance of Sustainability-Related Financial Information (provisional translation) of the Business Accounting Council (to be held on May 25, 2026)
The original press release is available in Japanese.open new window
May 22, 2026 Publication of the minutes of the meeting of the Expert Panel on the Revision of the Corporate Governance Code (the 3rd meeting in FY2025), which was held on April 3, 2026
The original press release is available in Japanese.open new window
May 22, 2026 Publication of the minutes of the plenary meeting of the Business Accounting Council held on April 24, 2026
The original press release is available in Japanese.open new window
May 22, 2026 Publication of the minutes of the 56th meeting of the Audit Standard Committee of the Business Accounting Council held on April 24, 2026
The original press release is available in Japanese.open new window
May 18, 2026 Publication of the minutes of the 69th Meeting of the Financial Service ADR (Alternative Dispute Resolution) Liaison Group, which was held on February 26, 2026
The original press release is available in Japanese.open new window
May 18, 2026 Publication of information on the holding of the first meeting of the Committee on Assurance of Sustainability-Related Financial Information (provisional translation) of the Business Accounting Council (to be held on May 25, 2026)
The original press release is available in Japanese.open new window

Others

May 22, 2026 Publication of the manuscript of remarks delivered by Minister for Financial Services Katayama at the Morgan Stanley and MUFG Japan Summit 2026
The original press release is available in Japanese.open new window
May 22, 2026 Updated: Speeches (Vice Minister for International Affairs)
May 22, 2026 Publication of material for speeches by Mr. Miyoshi Toshiyuki, Vice Minister for International Affairs, FSA, at the Symposium Commemorating the 20th Anniversary of PRI (Principles for Responsible Investment)
The original press release is available in Japanese.open new window
May 22, 2026 Announcement of the closure of the Cross-Border Payment Collection Services Consultation Counter
The original press release is available in Japanese.open new window
May 22, 2026 The FSA, jointly with the Bank of Japan, issued a written request titled “Expected Short-term Responses by Financial Institutions, etc. in Light of Changes in Threats due to the Emergence of Frontier AI Models” to financial institutions, etc.
The original press release is available in Japanese.open new window
May 18, 2026 Publication on information on appointment and dismissal of FSA staff members with disabilities as of June 1, 2025
The original press release is available in Japanese.open new window

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