Tag - fsa

 
 

FSA

BUSINESS / Markets
Mar 9, 2016
Japan's financial regulator warns of 'problematic' investment vehicles
The nation's financial regulator is concerned that banks and securities companies are selling complex funds that charge high fees to individuals who may not understand the risks, and it is talking to the firms about whether the sales are appropriate.
BUSINESS / Tech
Mar 4, 2016
Japan OKs recognizing virtual currencies as similar to real money
The Cabinet on Friday approved a set of bills to help banking groups expand their information technology businesses and to recognize virtual currencies as having a function similar to real money.
BUSINESS / Economy
Feb 13, 2016
Financial Services Agency investigating effects on banks of negative interest rates by Bank of Japan
The Financial Services Agency has launched a survey to grasp the effects of the Bank of Japan's decision two weeks ago to adopt a negative interest rate on financial institutions, mainly major banks and regional banks, sources close to the matter said Friday.
BUSINESS
Feb 2, 2016
FSA to monitor effects of negative interest rate on banks, Aso says
Finance Minister Taro Aso said Tuesday the government will monitor what the effects of the Bank of Japan's negative interest rate policy on financial institutions.
BUSINESS / Companies
Dec 25, 2015
Toshiba fined record ¥7.3 billion over accounting scandal
The Financial Services Agency on Friday imposed a record ¥7.37 billion fine on scandal-hit Toshiba Corp. for falsifying financial reports.
BUSINESS / Companies
Dec 8, 2015
Deutsche Bank Japan brokerage penalized
Deutsche Bank AG's Japanese brokerage unit faces regulatory penalties after the nation's securities watchdog found that its employees improperly shared information about a company's earnings with clients.
Japan Times
BUSINESS
Nov 18, 2015
Japan's securities watchdog eyes record ¥7 billion fine for Toshiba
The Securities and Exchange Surveillance Commission plans to recommend imposing the fine for falsifying its financial reports, sources said Wednesday.
Japan Times
BUSINESS
Aug 13, 2015
Record-low bad debts make up for disappearing loan profit
Plunging interest rates are helping reduce Japanese banks' bad debt to record-low levels of almost a fifth of their highs 13 years ago.
BUSINESS / Economy
Mar 12, 2015
NISA investments swell but still not on pace to reach target
Savers held ¥3 trillion in Japan's temporarily tax-free investment accounts at the end of the program's first year, the Financial Services Agency said in a statement on its website.
BUSINESS / Economy
Dec 29, 2014
Regional banks face stress test for ultra-low rates
The Financial Services Agency has begun stress tests on regional banks to determine how much their earnings would suffer if long-term interest rates remain near record lows under the Bank of Japan's loose money policy, according to two sources with direct knowledge of the process.
BUSINESS
Dec 12, 2014
FSA to conduct on-site inspections of insurance agencies
The Financial Services Agency will conduct on-site inspections at about 10 agencies selling various insurance companies' products amid concerns that some agencies are leading customers to buy excessive coverage to earn higher commissions, sources said Thursday.
BUSINESS
Aug 29, 2014
Kookmin Bank's Japan branches suspended for making improper loans
Kookmin Bank, South Korea's largest lender, was suspended from conducting new transactions at its branches in Japan for improper lending.
BUSINESS / Companies
Jul 3, 2014
Fire insurance premiums expected to rise 3.5% next year
An organization of casualty insurance companies said it will raise benchmark rates used to set member companies' fire insurance premiums by an average of 3.5 percent to cope with increasing payouts following recent natural disasters.
Japan Times
BUSINESS
Jun 17, 2014
Deutsche execs knew of unchecked wining, dining: FSA
A pattern of spending on hostess bars and overseas junkets for local pension fund officials went unchecked by senior managers at Deutsche Bank's Japanese securities arm, who failed to prevent or turned a blind eye to expenses that could be prosecuted as bribery, previously undisclosed details of a regulatory investigation show.
Japan Times
BUSINESS / Markets
Jun 6, 2014
Zombie firms pressured to act
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.
Japan Times
BUSINESS
Mar 18, 2014
Cabinet to mull bitcoin regulation 'if necessary'
The Abe administration decided Tuesday to consider taking steps to regulate bitcoin trading, if necessary, after obtaining more information about the digital currency.
BUSINESS
Mar 4, 2014
Regional banks face growing pressure to merge
Regulators are increasing the pressure on regional banks to consolidate, worried that shrinking populations outside Japan's major cities will leave lenders too weak to stand on their own.
BUSINESS
Dec 26, 2013
Mizuho ordered to halt affiliated loans for month
The Financial Services Agency orders Mizuho Bank to suspend some of its 'affiliated loans' for a month for doing business with organized crime.
BUSINESS
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.
BUSINESS / Companies
Oct 17, 2013
Mizuho reported to FSA about shady loans without sufficient probe
A former Mizuho Bank vice president in charge of compliance matters said Thursday the bank submitted to Japan's financial watchdog a false report on its lending to people related to underworld groups without interviewing him.

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