Japan's FSA to cut automobile liability insurance premiums

Business Jan 16, 2020

Japan's FSA to cut automobile liability insurance premiums

The Financial Services Agency decided Thursday to reduce compulsory automobile liability insurance premiums from April. The move reflects the improved finances of the insurance program as wider use of vehicle safety devices such as automatic braking systems contribute to a decline in the number of ...

Regulator mulls fining Nissan ¥2.4 billion over Ghosn pay report

Business Jun 26, 2019

Regulator mulls fining Nissan ¥2.4 billion over Ghosn pay report

The Securities and Exchange Surveillance Commission is considering fining Nissan Motor Co. at least ¥2.4 billion ($22 million) over allegations the automaker underreported former chairman Carlos Ghosn's remuneration, a source close to the matter said Wednesday. The recommendation by the securities watchdog, which has filed ...