Establishment of the Roundtable Committee on the Vision of the Japanese Financial System and Policies in the Future

1. FSA has decided to establish an informal committee for Minister of Financial Services Agency Hakuo Yanagisawa with the aim to:

(1)	Discuss urgent issues including the disposal of non-performing loans (NPLs) from a wide range of views;
(2)	Survey the vision of the Japanese financial system in a comprehensive manner in the medium and long run, with respect to the roles that it should assume for our living and the management of companies;
(3)	Based on such vision, study the way in which the policies for financial and capital markets may adequately meet the people's needs.

2. The Committee plans to extract the points at issue through open-ended discussions among members and guests, and come up with a vision based on joint efforts by the members by mid-2002.
3. First Session
   18:00-20:00 (Monday) October 1
4. Members (Refer to Appendix)

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(Appendix)

Members

Shoichi Royama		President of Takaoka National College		Chairman
Takatoshi Ito		Professor at Hitotsubashi University		Deputy Chairman
Kazuhito Ikeo		Professor at Keio University
Hiroshi Ota		Assistant managing editor, Yomiuri Shimbun
Naoaki Okabe		Deputy chief editorial writer, Nihon Keizai Shimbun, Inc.
Tetsuya Katada		Director and Advisor, Komatsu Ltd.
Takeaki Kariya		Head of Research Center for Financial Engineering, Kyoto University
Hidetaka Kawakita		Director of Finance and Investment Planning Dept., Nippon Life Insurance Co.
Hiroko Kawamoto		Senior Expert of Financial Institutions Group at McKinsey & Company.,Inc.
Hideki Kanda		Professor at Tokyo University
Taichi Sakaiya		Economic critic
Tetsuro Sugiura		Chief Economist, Fuji Research Institute Corporation
Naoki Tanaka		President of the 21st Century Public Policy Institute
Atsushi Nakajima		Chief Economist of Research Dept., Industrial Bank of Japan
Mitsuhiro Fukao		Professor at Keio University
Yasuyuki Fuchita		Head of Capital Market Research Dept., Nomura Research Institute
Hidefumi Yamagami		General Manager of Research Office, Bank of Tokyo-Mitsubishi
Naoyuki Yoshino		Professor at Keio University