Events listed in [FSA] Financial Services Agency
Publication of an amendment to the FSA’s regulatory notice concerning the ...
ID 23548
The FSA has issued an amendment to the regulatory notice regarding the „designated IFRSs“ in the “Regulation for Terminology, Forms, and Preparation of Consolidated Financial Statements“. The amendment designates international accounting standards, including IAS 12, published by the IASB on 24 May 2023, as the „designated international accounting standards“ under Article 93 of the Regulation on Consolidated Financial Statements. The amendme ...
The List of Notifiers of Specially Permitted Business for Foreign Investors, etc.
ID 23194
The following lists of notifiers for SPBFI are provided for public inspection under the provision of Paragraph (4) of Article 63-9 of the FIEA. All business operators of SPBFI are, in principle, posted in one of the list of I to III below. Those Notifiers whose Notification of Abolition or Notification of Dissolution under the provision of Article 63-10 of the FIEA was duly ...
Stewardship Code : 324 institutional investors have signed up to the Principles for ...
ID 23157
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 204 investment managers as of 30 April 2023. These Principles for Responsible Institutional Investors were published as Finalization of the Japan’s Stewardship Code (Second revised version) by the *Council ...
„Follow-up Guidance on Transition Finance – Towards Better Dialogue with ...
ID 23046
The FSA, the METI, and MoE in Japan are collaborating in the Study Group on Environmental Improvement for Effective Transition Finance and have jointly prepared a draft entitled Follow-up Guidance on Transition Finance – Towards Better Dialogue with Fundraisers (only available in Japanese). The number of countries and regions announcing their carbon neutral goals has increased since the Paris Agreement in 2015. Japan has ...
Publication of the draft „Cabinet Order to Amend the Order for Enforcement of ...
ID 23034
The FSA has released a draft proposal entitled Cabinet Order to Amend the Order for Enforcement of the Financial Instruments and Exchange Act for public consultation. This proposal will allow PTSs to deal with unlisted securities for professional investors, in line with the recommendation of the Working Group on Capital Market Regulations. The aim of this proposal is to **make the secondary trading of ...
Discussion Paper on Ensuring Operational Resilience
ID 23000
The FSA has released the finalized version of the Discussion Paper on Ensuring Operational Resilience (only available in Japanese) after conducting public consultation in December 2022 (see eventid=19163). The purpose of the paper is to provide financial institutions with a framework to ensure operational resilience amidst the rapidly changing environment surrounding financial institutions. The paper outlines a comprehensive approach to ensure operational resilience in ...
Publication of the „Action Program for Accelerating Corporate Governance ...
ID 22997
The Council of Experts published Opinion Statement No. 6 titled Action Program for Accelerating Corporate Governance Reform: From Form to Substance. The opinon highlights the importance of substance over form in corporate governance reform, stresses the need for self-motivated changes in the mindsets of companies and investors, and offers practical measures to achieve this goal. The document suggests identifying individual issues through **constructive dialogues ...
Stewardship Code : 323 institutional investors have signed up to the Principles for ...
ID 22728
On 11 April 2023, the Financial Services Agency (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 203 investment managers as of 31 March 2023. These Principles for Responsible Institutional Investors were published as [**Finalization of the Japan’s Stewardship ...
Publication of the draft „Cabinet Office Order to Amend the Cabinet Office ...
ID 22718
The FSA proposed a draft 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 for public consultation. The Business Accounting Council established standards for evaluation and auditing of internal control over financial reporting to improve the effectiveness of internal control over financial reporting. Due to the revision of ...
Public Comment,Response to the FSA’s Consulation on the Proposed Amendment of the ...
ID 22603
The FSA has published the draft partial amendments to the Comprehensive Supervisory Guidelines for Financial Instruments Business Operators, etc. between 19 December 2022 and 27 January 2023 (only available in Japanese). The FSA has received 323 comments on the draft from 56 individuals/entities, greatly appreciates those who submitted comments on the proposal. The FSA’s responses to the comments received can be found in Attachment ...