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

by Atsushi Kodera

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 ...