Financial Services AgencyFSA Weekly Review No.707

October 20, 2026

What’s New on the FSA Website

Week of October 13, 2026 - October 16, 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

October 15, 2026 Press Conference by the Minister of State for Financial Services (September 29, 2026) 

Public Comments

October 16, 2026 Publication of information on the Exposure Draft on the Revision of the Auditing Standards
With regard to the going concern assumption (the assumption that a business will continue its operations for the foreseeable future), it is necessary to request auditors to take more appropriate actions and to further enhance the provision of explanations and information on this assumption, while securing consistency with the International Auditing Standards. With regard to fraud auditing, it is necessary to check consistency between the International Auditing Standards and the Japanese Auditing Standards and Standard to Address Fraud Risks and to review whether the Japanese Auditing Standards, etc. adequately require auditors to take appropriate actions in light of the features, etc. of recent fraud auditing cases. Accordingly, the Audit Standard Committee of the Business Accounting Council compiled and published the Exposure Draft on the Revision of the Auditing Standards to broadly seek public opinions. Public comments will be accepted until no later than 5:00 p.m. (JST), November 16, 2026.
The original press release is available in Japanese.open new window

Press Releases

International

October 13, 2026 Contribution to The Eurofi Magazine: “Structural shifts in life insurance sector: IAIS insights” (September 2026)

Banks

October 16, 2026 Publication of the implementation status of countermeasures against illegal transfer of deposits and savings (as of the end of March 2026)
The original press release is available in Japanese.open new window

Insurances

October 13, 2026 Publication of the results of a questionnaire survey on initiatives being implemented with due consideration for people with disabilities by insurance companies and small amount and short term insurers (as of the end of March 2026)
The original press release is available in Japanese.open new window
October 13, 2026 Publication of information on appropriate implementation of initiatives for restoring confidence in the non-life insurance industry
The original press release is available in Japanese.open new window

Others

October 13, 2026 Publication of information on the partial amendment to the Public Notice Designating Financial Institutions Pursuant to the Provisions under Article 17 of the Act on Management of Deposit and Savings Accounts by Use of Individual Numbers Based on the Intention of Depositors
The original press release is available in Japanese.open new window

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