What’s New on the FSA Website

Week of December 10, 2021 - December 16, 2021

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

Press Conferences

December 15, 2021	Press Conference by the Minister of State for Financial Services (November 26, 2021)
December 15, 2021	Press Conference by the Minister of State for Financial Services (November 24, 2021)

Public Comments

December 13, 2021

Publication of the finalized "Order to Amend the Order Regarding Account Management Institutions" <Summary> The FSA finalized the "Order to Amend the Order Regarding Account Management Institutions." The said Order mainly develops/updates the provisions for online procedures regarding application for designation, notification of change of trade name, etc., and application for rescission of designation of foreign account management institutions. The Order was enforced on December 13, 2021. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/news/r3/shouken/20211213/20211213.html

Press Releases

International 

December 14, 2021	Updated : International Financial Center Website

 

Councils

December 14, 2021

Establishment of the "Sub-Working Group on Impact Indicators for Social Projects," comprising representatives from the Cabinet Office and relevant ministries and agencies under the "Working Group on Social Bonds" (provisional English titles for both groups) <Summary> The FSA has established the "Sub-Working Group on Impact Indicators for Social Projects," comprising representatives from the Cabinet Office and relevant ministries and agencies under the "Working Group on Social Bonds"* (provisional English titles for both groups).   * "Working Group on Social Bonds" was established under the "Expert Panel on Sustainable Finance" (provisional English title) in March 2021 to discuss the formulation of practical guidelines for social bonds in response to requests from economic and other organizations. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/news/r3/singi/20211214-2.html

December 10, 2021

Publication of the agenda and handouts of the 17th meeting of the "Sub-Committee on the Certified Public Accountants System" of the Financial System Council <Summary> The FSA published the agenda and handouts of the 17th meeting of the "Sub-Committee on the Certified Public Accountants System" of the Financial System Council, which was held on December 13, 2021. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/singi/singi_kinyu/kounin/siryou/20211213.html

 

Banks

December 15, 2021	Administrative Actions against Mizuho Bank, Ltd. and Mizuho Financial Group, Inc.

 

Insurance

December 10, 2021	The 15th NAIC-FSA Insurance Dialogue

 

Others

December 16, 2021	The 18th Consultation Meeting in Relation to the Multiple-Debt Problem and Consumer Finance <Summary> On December 23, 2021, the FSA and the Consumer Affairs Agency jointly held the 18th Consultation Meeting in Relation to the Multiple-Debt Problem and Consumer Finance. The consultation meeting was held to follow up the status on lenders and borrowers as part of the measures based on the "Program to Remedy the Multiple-Debt Problem." (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/policy/kashikin/tajusaimukondankai /20211216.html
December 15, 2021	FSA updated Information on COVID-19 (Novel Coronavirus)
December 13, 2021	Request for financial measures to deal with the outbreak of highly pathogenic avian flu (HPAI) in Aomori and Iwate Prefectures (The Tohoku Local Finance Bureau) <Summary> The Tohoku Local Finance Bureau issued the statement titled "Financial Measures in Response to the Report of the Subspecies of Highly Pathogenic Avian Influenza (HPAI)" to relevant financial institutions. The statement requests financial institutions in Aomori and Iwate Prefectures to cooperate with prefectural authorities and appropriately deal with HPAI-affected parties (poultry farms, processors, and trade) considering their circumstances, such as by attentively responding to the needs of business management consultation and new loans or the changing of loan terms. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/news/r3/ginkou/20211213.html
December 13, 2021	Request for financial measures to deal with the outbreak of classical swine fever (CSF, a.k.a. hog cholera) in Miyagi Prefecture (The Tohoku Local Finance Bureau) <Summary> The Tohoku Local Finance Bureau issued the statement titled "Financial Measures in Response to the Report of the Classical Swine Fever (CSF, a.k.a. Hog Cholera)" to the relevant financial institutions in Miyagi Prefecture. The statement requests the financial institutions to cooperate with prefectural authorities and appropriately deal with CSF-affected parties such as pig farms considering their circumstances, such as by attentively responding to the needs of business management consultation and new loans or change of loan terms. (The original press release is available in Japanese at the following URL.) https://www.fsa.go.jp/news/r3/ginkou/20211213-2.html