What’s New on the FSA Website

Week of May 21, 2021 - May 27, 2021

This page contains the latest in events, developments, and updates to the FSA website.

Press Releases

(The following press releases are available in English)
Insurance

May 26, 2021	FSA publishes an English translation of the ”Comprehensive Guidelines for Supervision of Insurance Companies” and the ”Monitoring Report For IAIGs”

Others

May 26, 2021	Stewardship Code : 307 institutional investors have signed up to the Principles for Responsible Institutional Investors as of April 30, 2021
May 24, 2021	’Basic Guidelines on Climate Transition Finance’ Announced

(The following press releases are available in Japanese)

Councils

May 25, 2021	Publication of the agenda and handouts of the 10th meeting of the "Working Group on Capital Market Regulations" (provisional English title) of the Financial System Council <Summary> The FSA published the agenda and handouts of the 10th meeting of the "Working Group on Capital Market Regulations" (provisional English title) of the Financial System Council, which was held on May 25, 2021.

 

Banks

May 21, 2021	Overview of modifications to lending conditions by financial institutions (cooperative financial institutions) <Summary> The FSA published an overview of modifications to lending conditions made by cooperative financial institutions for the period from March 10, 2020, to March 31, 2021.

 

Securities

May 21, 2021

Partial rescission of an order to impose an administrative penalty charge against Nice Corporation for making false statements in its securities reports <Summary> On May 20, 2021, a partial rescission of the FSA’s order* to impose an administrative penalty charge against Nice Corporation for making false statements in its securities reports has become final and binding. * The FSA's order was originally imposed on September 10, 2020.

May 21, 2021

Administrative penalty charge against J-Holdings Corp. for making false statements in its securities reports <Summary> On May 20, 2021, the FSA issued an order to impose an administrative penalty charge against J-Holdings Corp. for making false statements in its securities reports.

 

Others

May 25, 2021

The third project selected for "Enterprise System and Frontrunner Support-Hub" <Summary> The FSA accepted an application from Minna Bank, Ltd. and Zero Bank Design Factory, Inc. as the third project which fulfilled all requirements for the FSA to provide its support through "Enterprise System and Frontrunner Support-Hub." While the said companies have achieved flexibility and scalability through agile software development of the core banking system on a public cloud (Google Cloud) platform in a loosely coupled microservices configuration, they intend to create a BaaS (Banking as a Service)-type business that provides financial functions and other services to other service providers through API (Application Programming Interface) connections.