The nation's financial services regulator is expected to open a special investigation into the banking industry's card loan business this month in response to criticism that increased lending is contributing to a rise in personal bankruptcies, sources said. The Financial Services Agency will look into ...
A new FSA policy is aimed at encouraging regional banks to fund promising business projects and turn struggling local economies around.
As Japan grapples with low birthrate, FSA to allow insurance firms to cover infertility treatment
The Financial Services Agency plans to allow insurance companies to offer coverage for expensive infertility treatment in a bid to curb the declining birthrate, sources close to the matter said Tuesday. The change could be made this spring. Infertility treatment is on the rise as ...
Mizuho Bank to face one-month suspension of some affiliated loans
The Financial Services Agency will order Mizuho Bank to suspend some of its affiliated loans for a month over its involvement in lending to members of organized crime groups, FSA sources said Wednesday. The FSA will also issue business improvement orders to the Mizuho Financial ...
The Financial Services Agency will soon take additional punitive action against Mizuho Bank doing business with organized crime, FSA sources said Friday. The financial watchdog first ordered the bank in September to improve operations, saying it did not take "substantial steps" to prevent or break ...
Fraudulent websites for banks, companies, government agencies found
Apparently fraudulent websites for several Japanese banks, companies, government ministries and agencies have been found, a Financial Services Agency official said Thursday. Although theft of personal data or other problems have yet to be confirmed, many financial institutions are calling on users of their online ...
