-
FSA Weekly Review No.467
- December 2, 2021
What’s New on the FSA Website
Week of November 19, 2021 - November 25, 2021
This page contains the latest in events, developments, and updates to the FSA website.
Public Comments
November 19, 2021 | Publication of the finalized "Cabinet Office Order to Amend the Cabinet Office Order on Financial Instruments Business, etc. and the Cabinet Office Order on Transactions under Article 161-2 of the Financial Instruments and Exchange Act and Deposits Related Thereto" <Summary> The FSA has finalized the "Cabinet Office Order to Amend the Cabinet Office Order on Financial Instruments Business, etc. and the Cabinet Office Order on Transactions under Article 161-2 of the Financial Instruments and Exchange Act and Deposits Related Thereto." The Cabinet Office Orders mainly enhance the accountability of financial services providers to publicize and explain to financial services users the risks pertaining to leveraged ETFs and others, such as a possible large discrepancy between the volatility of the underlying (base) index and the leveraged index over the medium to long term. The Cabinet Office Orders also increase guarantee rates on margin deposits. The first Cabinet Office Order will be enforced on January 24, 2022, whereas the latter Cabinet Office Order will be enforced on January 10, 2023. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/news/r3/shouken/20211119.html ![]() |
---|---|
November 19, 2021 | Publication of the finalized amendments to the "Audit Quality Control Review Standards" <Summary> The FSA announced that the Audit Committee of the Business Accounting Council (BAC) has finalized the amendments to the "Audit Quality Control Review Standards" compiled by the BAC plenary held on November 16, 2021. The amendments mainly update the conventional audit quality control system in which predefined audit quality control policies and procedures are formulated and managed, to a new audit quality control system in which audit quality control risks are more proactively identified and addressed, whereby the cycle to improve the audit quality control system is effectively deployed within an audit firm. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/news/r3/sonota/20211116.html ![]() |
Press Releases
Councils
November 24, 2021 | The fourth meeting of the Working Group on Corporate Disclosure of the Financial System Council |
---|---|
November 22, 2021 | Appointment of the Financial System Council’s committee members <Summary> The FSA announced that the Financial System Council’s committee members were appointed by the Prime Minister. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/news/r3/singi/2021122-2.html ![]() |
Banks
November 24, 2021 | Requests for the facilitation of financing for small- and medium-sized enterprises during the calendar- or fiscal-year-end season and further beyond <Summary> Against the backdrop of the heightened economic uncertainty due to the impact of COVID-19, businesses are still facing difficult cash flow conditions with tight borrowing constraints, especially given the increasing demand for operating funds and other resources toward the calendar- or fiscal-year-end season. In response to such circumstances, the FSA has held meetings with government officials and representatives from various financial institutions to exchange views on facilitating financing to small- and medium-sized enterprises and others. In this regard, following the " ![]() ![]() (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/news/r3/ginkou/20211124.html ![]() https://www.fsa.go.jp/news/r3/20211124/20211124.html ![]() |
---|---|
November 22, 2021 | Overview of modifications to lending conditions by 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 September 30, 2021. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/ordinary/coronavirus202001/kashitsuke/20200430.html ![]() |
Insurance
November 22, 2021 | Business Reports on a Special Provision for Deductibility in Performance-based Compensation |
---|
Others
November 22, 2021 | Updated : The Financial Market Entry Office |
---|---|
November 22, 2021 | To Operators of Specially Permitted Businesses for Foreign Investors, etc./during Transition Period |
Site Map
- Press Releases & Public RelationsPage list Open
- Press Releases
- Press Conferences
- Official Statements
- FSA Weekly Review & ACCESS FSA
- Speeches
- For Financial Users
- Others
- Archives
- Laws & RegulationsPage list Open
- Name of Laws and Regulations(PDF)
- Recent Changes (Legislation, Ordinances, Guidelines)
- Guidelines
- Financial Instruments and Exchange Act
- Financial Monitoring Policy
- Public Comment
- No-Action Letter System
- Procedures concerning Foreign Account Management Institutions