Mar 1, 2015

Bank groups might get OK to start new businesses via subsidiaries

The Financial Services Agency is considering deregulation that could make it easier for banking groups to start new financial services through subsidiaries, sources said. By relaxing the rules governing financial holding companies, the FSA aims to encourage them to enter new finance-related businesses by ...

Dec 29, 2014

Regional banks face stress test for ultra-low rates

The Financial Services Agency has begun stress tests on regional banks to determine how much their earnings would suffer if long-term interest rates remain near record lows under the Bank of Japan’s loose money policy, according to two sources with direct knowledge of the ...

Dec 12, 2014

FSA to conduct on-site inspections of insurance agencies

The Financial Services Agency will conduct on-site inspections at about 10 agencies selling various insurance companies’ products amid concerns that some agencies are leading customers to buy excessive coverage to earn higher commissions, sources said Thursday. The financial watchdog may conduct the inspections — ...

Jul 22, 2014

FSA to boost bank, insurer oversight

The Financial Services Agency plans to integrate its inspection and supervisory policies to strengthen its oversight of banks, insurance firms and other financial institutions, according to informed sources. The agency will disclose the new policy by September, the sources said Monday. FSA officials in ...

Zombie firms pressured to act

Jun 6, 2014

Zombie firms pressured to act


The government is targeting stagnant companies that lack the will to grow and has drafted a plan to help institutional investors pressure them into pursuing growth more aggressively. The Financial Services Agency’s Principles for Responsible Investors, better known as the Japanese version of Britain’s ...

Dec 2, 2013

Nippon Life unit faces fine

The brokerage industry watchdog was expected to recommend that the Financial Services Agency order a Nippon Life Insurance Co. subsidiary to pay a fine for insider trading on unreleased information, market sources said Monday. The Securities and Exchange Surveillance Commission was expected to make ...

Oct 15, 2013

Get to the bottom of shady loans

The inability of Japan's third-largest bank to break the habit of approving car loans for yakuza reflects poor corporate governance and besmirches the reputation of the financial industry.

Aug 21, 2008

ODA and bribery

The special investigation squad of the Tokyo District Public Prosecutors Office has arrested a former president of Pacific Consultants International, a Tokyo-based consultancy for overseas construction projects, and three others on suspicion of bribery in connection with a project in Vietnam financed by the ...