(Provisional Translation)
June 11,2008
Financial Research and Training Center
Financial Services Agency

FRTC publishes "Interim Summary of Points of Discussion on Payment and Settlement (Chairman's Notes)"

On December 18, 2007, the Study Group on Payment and Settlements (Chairman: Prof. Shinsaku Iwahara, University of Tokyo Graduate Schools for Law and Politics), established by the FSA's Financial Research and Training Center (FRTC; Director: Prof. Naoyuki Yoshino, Keio University), published "Interim Summary of Points of Discussion on Payment and Settlement (Chairman's Notes)", after twelve meetings since July 2007.

In light of ongoing environmental changes in payment and settlement, the report discusses a broad range of issues concerning new payment services such as electronic money, payment system such as the Zengin System, and securities settlement system from the viewpoint of user protection, the safety, efficiency and convenience of payment and settlement systems, and promoting innovation.

Interim Summary of Points of Discussion on Payment and Settlement(Chairman's Notes) (PDF, 284k)