(Provisional translation)
December 25, 2012
Financial Services Agency
Publication of the Report by the “Working Group on Insider Trading Regulations” of the Financial System Council
The “Working Group on Insider Trading Regulations” of the Financial System Council (chairman Hideki KANDA, professor, Graduate Schools for Law and Politics, University of Tokyo) has deliberated seven times on regulation on disclosure of information and encouragement of trading, etc., since July 2012.
Based on these deliberations, the working group has compiled and published a report titled ”Development of Systems concerning Insider Trading Regulation based on Recent Violations and Financial and Corporate Practices”(Attachment).
This report will be reported at the General Meeting and the Sectional Committee on Financial System of the Financial System Council.
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Financial Services Agency
Tel +81-(0)3-3506-6000(main)
Financial Markets Division, Planning and Coordination Bureau
(ext. 2638, 3943)
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