Tag - fsa

 
 

FSA

Japan Times
BUSINESS
Jan 17, 2021
FSA opens office to give English guidance to foreign financial firms entering Japan
Higher taxes and language barriers are often cited as the reason Japan is generally deemed less attractive than other Asian rivals as an international financial hub.
Japan Times
BUSINESS / Markets / FOCUS
Dec 1, 2020
Tokyo bourse outage exposes need for investment in human resources
The TSE has admitted its procedures for resuming trading were inadequate as it had not taken into account a glitch that would require a total system reboot.
Japan Times
BUSINESS
Nov 30, 2020
TSE president to step down after trading outage in October
The glitch was the worst since 1999, depriving investors of trades worth around u00a53 trillion as government sought to boost the nation as an Asian trading hub.
Japan Times
BUSINESS
Oct 20, 2020
Japan finance chief vows steps to prevent another TSE outage
The bourse has said it and securities companies will hold drills for switching to a backup system in the event of a serious technical failure.
Japan Times
BUSINESS / Markets
Oct 1, 2020
Tokyo trading halted due to hardware failure
Trading was suspended from the start of the morning session at 9 a.m., and the exchange is preparing to resume trading Friday by restarting the overall system.
BUSINESS
Aug 31, 2020
Japan considers tax reform to lure foreign financial firms, annual policy says
Experts said Tokyo needed to tackle issues including a relatively high tax rate and a lack of English language fluency in the workplace.
Japan Times
JAPAN / Society
Jul 15, 2020
Japan FSA seeks improved support to manage older people's finances
Japan's Financial Services Agency on Wednesday called for financial institutions to improve their support for older people who have difficulties with financial transactions due to deteriorating cognitive abilities.
Japan Times
BUSINESS / Companies
Jul 8, 2020
Banks with ‘shattered’ business models warned by Japan to adapt
Concerns are mounting that some banks are too weak to withstand the coronavirus-fueled recession and may eventually need to be rescued or delisted.
JAPAN / Politics
Jul 7, 2020
Kenji Okamura to become Japan's top currency diplomat
The government plans to name Kenji Okamura, director general of the International Bureau of the Finance Ministry, as Japan's top currency diplomat, sources familiar with the change said Tuesday.
JAPAN / Crime & Legal
Mar 16, 2020
Fraudulent lenders on social media exploit virus crisis in Japan
Authorities are warning consumers about a growing number of fraudulent lenders who are attempting to use the ongoing COVID-19 crisis as an opportunity to prey on borrowers via social media.
Japan Times
BUSINESS / Tech
Feb 22, 2020
Japan's financial and monetary authorities taking hard look at minting digital currencies
The Finance Ministry, Financial Services Agency and Bank of Japan have met to promote research on digital currencies for possible issue by central banks, it has been learned.
Japan Times
BUSINESS
Jan 27, 2020
Japanese banks' fortress mentality puts them on trailing edge of fintech revolution
Japan's effort to nudge its more than 100 struggling regional lenders into the digital age is floundering.
Japan Times
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.
Japan Times
BUSINESS / Markets
Dec 25, 2019
Financial Services Agency calls for streamlining of Tokyo Stock Exchange
The Financial Services Agency has called for cutting the number of markets at the TSE to three from the current four to streamline its structure and attract more investment.
Japan Times
BUSINESS / Markets
Dec 17, 2019
Japan Post units may be ordered to suspend some operations due to dodgy insurance sales
The agency may order the units to halt sales and some other operations after an on-site investigation found cases violating the insurance business law.
Japan Times
JAPAN
Sep 25, 2019
FSA will no longer make reference to controversial post-retirement savings estimate
The Financial Services Agency decided Wednesday it will no longer make reference to a controversial estimate that a retired couple that lives to be 95 years old would need at least ¥20 million in addition to their benefits under the national public pension system.
Japan Times
BUSINESS / Markets
Sep 9, 2019
Japan's regulators boost scrutiny of financial firms' foreign assets
Regulators are surveying Japan's financial firms to determine their exposure to foreign assets, including risky credit products, as the global economy slows, according to sources.
BUSINESS / Companies
Sep 4, 2019
Japan to demand greater accountability from audit firms
The Financial Services Agency decided Tuesday to demand greater accountability from audit firms that check corporate financial reports, by revising auditing standards.
Japan Times
BUSINESS
Aug 6, 2019
In wake of uproar over pension system, Japan to draw up fresh report on post-retirement financing
The Financial Services Agency plans to compile a fresh report on post-retirement financing after its previous report sparked a controversy with its estimate that an elderly couple living to age 95 will need ¥20 million in life savings on top of public pensions, according to informed sources.
Japan Times
BUSINESS / Companies
Jul 31, 2019
Japan Post Insurance policies affected by sales scandal double to 180,000
The sum roughly doubled from the previously recognized number of 93,000 after the company checked all of its new 10 million contracts concluded over the five years through fiscal 2018.

Longform

Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
The 'outsiders' creating some of Japan's greenest spaces