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May 05, 2024
 

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FSA

Japan Times
BUSINESS / Companies
Jul 10, 2019
Japan Post Insurance admits mismanaging over 90,000 policies, including duplicate premium payments
Japan Post Insurance Co. has admitted mismanagement in connection with more than 90,000 insurance policies, the biggest scandal for the country's dominant postal group since its privatization in 2007.
Japan Times
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.
Japan Times
JAPAN / EXPLAINER
Jun 23, 2019
Report on Japan pension shortfall spurs anxiety — and a closer look at the system
The Financial Services Agency earlier this month released a report on the future financial security of senior citizens that suggested people would have to save more to make up for expected shortfalls in the public pension system, sparking public anxiety and major controversy over the government program's dependability.
Japan Times
BUSINESS
Jun 18, 2019
Another Japanese government estimate indicates up to ¥30 million in savings needed per couple after retirement
Japan's Financial Services Agency had estimated that ¥15 million to ¥30 million in life savings would be necessary per elderly couple in addition to pension benefits for 30 years of post-retirement living, informed sources said Tuesday.
Japan Times
JAPAN
Jun 11, 2019
Government backpedals on report that said elderly couples will need ¥20 million in savings
Taro Aso indicated he would not receive the report, saying its premise “has caused extreme worries and misunderstanding and runs counter to the government's existing policy.”
Japan Times
BUSINESS / Companies
Jun 7, 2019
Japan's financial watchdog orders Citigroup unit to enhance surveillance after manipulation by trader
The Financial Services Agency on Friday ordered Citigroup Inc.'s securities unit in the country to improve its supervision of operations after failing to detect a manipulative trading practice by a bond trader.
Japan Times
BUSINESS / Companies
May 24, 2019
Nomura CEO to take 3-month pay cut over leak of information about Japan stock market changes
Nomura Holdings Inc.'s CEO will take a pay cut to assume responsibility for improper handling of stock market information by employees.
Japan Times
BUSINESS / Companies
Nov 29, 2018
Government agency approved not reporting retirement pay, says Carlos Ghosn's aide Greg Kelly
Kelly has said he consulted with a public accountant and a lawyer in addition to the FSA over the need to report the payment.
BUSINESS / Companies
Oct 5, 2018
Suruga Bank ordered to suspend real estate financing operations after loan debacle
The six-month suspension follows a spate of improper housing loans, including forgeries of income documents.
Japan Times
BUSINESS / Companies
Oct 3, 2018
Japanese government to suspend some Suruga Bank operations over improper loans
Findings by a third-party committee of lawyers, released in September, stated that management were involved in forgeries of loan screening documents, sources said.
Japan Times
BUSINESS / Markets
Sep 25, 2018
Japan's Financial Services Agency criticizes hacked crypto-exchange over lack of details on $62 million theft
Cryptocurrency firm Tech Bureau Corp. has failed to provide adequate details on how thieves hacked into its exchange to steal ¥7 billion ($62 million), or explained its delay in reporting the hack, the country's financial regulator said on Tuesday.
BUSINESS
Sep 20, 2018
Japan's Financial Services Agency to check financial institutions' readiness for any emerging market swings
The Financial Services Agency plans to check if Japan's banks and other financial institutions are prepared to deal with any impact from sharp swings in emerging markets, sources with direct knowledge of the matter said Wednesday.
Japan Times
BUSINESS / Markets
Sep 2, 2018
Japan's FSA tightens screening process for aspiring cryptocurrency exchanges
The Financial Services Agency has effectively tightened its registration screening for cryptocurrency exchanges to see whether they are properly conducting risk management, sources say.
Japan Times
BUSINESS
Aug 23, 2018
'Don't blame BOJ,' FSA chief Toshihide Endo tells struggling regional banks
The nation's top financial regulator said regional banks "should not blame the Bank of Japan" for their woes, urging them to explore ways to survive ultralow interest rates.
JAPAN / Politics
Aug 7, 2018
Internal affairs minister Seiko Noda to return part of her salary over leak to reporters
Noda, a potential Abe rival in the LDP's September leadership election, said she u2018undermined trust in the government' in leaking information to the press.
Japan Times
JAPAN / Politics
Aug 6, 2018
Bid to challenge Abe for LDP presidency faces 'thorny path,' Seiko Noda says
The internal affairs minister admitted Monday that she is concerned about her candidacy because her eligibility is still in doubt, describing it as “a tough situation.”
Japan Times
WORLD
Jul 31, 2018
Syrian regime forces and allies close to capturing entire southwest
Government forces are on the brink of seizing the last part of southwestern Syria in insurgent hands, the Syrian Observatory for Human Rights said on Monday.
BUSINESS
Jun 22, 2018
Japan's financial watchdog tells banks to report suspicious transfers by joint ventures with North Korea
The Financial Services Agency has told banks to report any suspicious money transfers involving 10 Japan-North Korea joint ventures, two people with direct knowledge of the matter said Friday.
BUSINESS
Jun 6, 2018
Japan's financial regulators mull inspections of regional banks' money laundering measures
Japan's financial regulators are considering on-site inspections of regional banks that do not have sufficient steps in place against money laundering, sources with knowledge of the plan said Wednesday.
BUSINESS
May 10, 2018
Japan's Financial Services Agency to allow banks to shut on weekdays
The Financial Services Agency plans to allow banks to shut on weekdays by easing a regulation covering the days they can stay closed.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
The 'outsiders' creating some of Japan's greenest spaces
Rows of irises resemble a rice field at the Peter Walker-designed Toyota Municipal Museum of Art.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.

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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
By Stephen Mansfield

SUSTAINABLE JAPAN

Vol. 35: Travel in time — and stay there
Vol. 35: Travel in time — and stay there

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