Events listed in [FSA] Financial Services Agency
Others,Stewardship Code : 327 institutional investors have signed up to the ...
ID 24196
The FSA published an update of its list of institutional investors who have notified the FSA of their intention to accept Japan’s Stewardship Code to promote sustainable growth of companies through investment and dialogue, counting 206 investment managers as of 30 June 2023. These Principles for Responsible Institutional Investors were published as Finalization of the Japan’s Stewardship Code (Second revised version) by the *Council ...
Publication of the draft „Cabinet Office Order to Amend the Cabinet Office ...
ID 24129
The FSA has released the draft „Cabinet Office Order to Amend the Cabinet Office Order on Restrictions on Securities Transactions“. The proposed revision aims to address the growing global expansion of ETFs that do not follow a specific index, known as actively managed ETFs, and anticipates their emergence in Japan. **Presently, ETFs are required to adhere to the volatility of a designated index, typically ...
Publication of the finalized amendments to the matters to be considered in handling ...
ID 23988
The FSA collected a public comments between May 2023 to June 2023 to seek input on revisions to the „Regulation on Terminology, Forms and Preparation Methods of Financial Statements“. These revisions aim to enhance transparency and provide clear guidelines for handling financial statements and related documents in the context of foreign company filings with the FSA. Following this consultation, the **FSA now has finalized ...
Publication of the finalized „Cabinet Office Order to Amend the Cabinet ...
ID 23985
The FSA has recently published the final version of the „Cabinet Office Order to Amend the Cabinet Office Order on the System for Ensuring the Adequacy of Documents on Financial Calculation and of Other Information“. This action came after a period of public consultation. **The reason behind this order was the revision of the „Standards and Practice Standards for Management Assessment and Audit concerning ...
Publication of the draft amendments to the „Cabinet Office Order on ...
ID 23984
The FSA has prepared draft amendments to the „Cabinet Office Ordinance on Disclosure of Corporate Information, etc“. The amendments were proposed following an interim summary by the Financial System Council’s „Working Group on Market Regulations“ in June 2022 and the „Working Group on IPO Price Setting Process“ report by the Japan Securities Dealers Association in February 2022, focusing on improving the IPO pricing process. ...
Others,Comprehensive Guidelines for Supervision of Financial Service Intermediaries
ID 23982
The FSA has published the English version of guidelines for conducting on-site inspections of financial institutions to eliminate regulatory gray zones and ensure a transparent and fair financial environment. Financial service intermediaries are vital in meeting diverse customer needs and gaining public trust. To achieve this, they should offer original, customer-centric services and strengthen governance with a focus on customer protection and risk management. ...
Publication of the draft amendments to the „Cabinet Office Order on ...
ID 23981
The FSA has proposed amendments to the „Cabinet Office Order on Disclosure of Corporate Affairs. The revisions aim to enhance appropriate disclosure by specifying the types of contracts that should be disclosed and the required content for „important contracts“ in various sectors. One of the main revisions focuses on the agreement between companies and shareholders. If a company submitting annual securities reports, including its ...
Publication of the finalized amendments to the „Points to Note on Disclosure ...
ID 23977
Between 31 March and 1 May 2023, the FSA sought feedback from various stakeholders regarding the revision (draft) of the „Points to Note Regarding Disclosure of Corporate Information (Guideline for the Disclosure of Corporate Affairs)“. A total of 20 comments were received from three different individuals and groups, and the FSA expressed gratitude for their cooperation. Even comments that were not directly related to ...
Publication of the finalized „Cabinet Order to Amend the Order for ...
ID 23974
The FSA recently consulted on the draft „Cabinet Order for Partial Revision of the Order for Enforcement of the Financial Instruments and Exchange Act“, and sought public comments during this period. A total of six opinions were received on this matter, and while some comments were not directly relevant, they will be considered for future financial administration. The FSA expressed gratitude to all those ...
Publication of the draft amendments to the FSA’s regulatory notice concerning ...
ID 23935
The FSA has put forth proposed amendments to the regulatory notice concerning designated IFRSs as stated in the Regulation for Terminology, Forms, and Preparation of Consolidated Financial Statements. This proposal is currently open for public consultation. The primary objective of the proposal is to designate the IAS issued by the International IASB by 30 June 2023. These designated IAS will be **added to the ...