Financial Services AgencyFSA Weekly Review No.508

October 6, 2022

What’s New on the FSA Website

Week of September 26, 2022 - September 29, 2022

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

Press Releases

Policies

September 29, 2022 PDFPublication of "Supervisory Guidance on Climate-related Risk Management and Client Engagement" (full text) 
September 26, 2022 Publication of the summary from "The JFSA Strategic Priorities July 2022-June 2023"

Councils

September 28, 2022 Publication of the agenda and handouts of the plenary meeting of the Business Accounting Council and the ninth meeting of the Accounting Committee of the said Council
<Summary>
The FSA published the agenda and handouts* of the plenary meeting of the Business Accounting Council and the ninth meeting of the Accounting Committee of the said Council, which were both held on September 29, 2022.

* Handouts include the updated lists of members of the council and the committee.


The original press release is available in Japanese at the following URL.
https://www.fsa.go.jp/singi/singi_kigyou/siryou/kaikei/20220929.htmlopen new window
September 28, 2022 The first meeting of the Working Group on Corporate Disclosure of the Financial System Council
September 26, 2022 Joint session of the 50th general meeting of Financial System Council and the 38th meeting of Sectional Committee on Financial System

Banks

September 29, 2022 Overview of modifications to lending conditions by financial institutions
<Summary>
The FSA published an overview of modifications to lending conditions made by financial institutions for the period from March 10, 2020 to August 31, 2022.

*The majority of the data reflects the data until August 31, 2022, whereas the data of cooperative financial institutions reflects the data until June 30, 2022.


The original press release is available in Japanese at the following URL.
https://www.fsa.go.jp/ordinary/coronavirus202001/kashitsuke/20200430.htmlopen new window
September 27, 2022 Approval granted to The Juroku Bank, Ltd. for its engagement in trust business
<Summary>
The FSA granted approval to The Juroku Bank, Ltd. for its engagement in trust business pursuant to the "Act on Engagement in Trust Business by a Financial Institution."

The original press release is available in Japanese at the following URL.
https://www.fsa.go.jp/news/r4/ginkou/202209kenei.htmlopen new window

Others

September 27, 2022 The FSA's participation in the Public-Private-Academic Networking Meeting on Climate-related Risks in Japan, and an announcement to hold a public symposium for the promotion of the use of climate-related information
<Summary>
The FSA, as a host agency alongside other host ministries and a research institute* from the public sector, joined the Public-Private-Academic Networking Meeting on Climate-related Risks in Japan,** to further deepen collaboration with the relevant stakeholders in regard to the sharing and utilization of climate-related information.
As part of such collaborative initiatives, a public symposium aimed at the promotion of the use of climate-related information will be held on October 11, 2022.
 

* The other host ministries and research institute are: Ministry of the Environment; Ministry of Education, Culture, Sports, Science and Technology; Ministry of Land, Infrastructure, Transport and Tourism; and National Institute for Environmental Studies.

** This meeting is mainly aimed at sharing corporate needs for climate-related information, enhancing a common information base by providing applicable information to meet those needs, and encourage appropriate use of information on climate-related risks and opportunities through public-private-academic networking. From the private sector, companies that provide consulting services in terms of various forecasting regarding climate change and support for TCFD (Task Force on Climate-Related Financial Disclosures) join the network. 


The original press release is available in Japanese at the following URL.
https://www.fsa.go.jp/news/r4/sonota/20220927/20220927.htmlopen new window
September 26, 2022 Publication of the agenda of the second meeting of the "Study Group on Impact Investment – Phase 2"
<Summary>
The FSA published the agenda of the second meeting of the "Study Group on Impact Investment – Phase 2," which was held on June 17, 2022, co-hosted by the FSA and the National Advisory Board of the Global Steering Group for Impact Investment (GSG-NAB Japan). The Study Group meets regularly (on a trimonthly basis) to deepen the understanding of "impact investment" among capital market participants and government authorities. Handouts of the second meeting are available on the webpage of GSG-NAB Japan.open new window

The original press release is available in Japanese at the following URL.
https://www.fsa.go.jp/news/r4/sonota/20220926.htmlopen new window
September 26, 2022 Request for financial measures to deal with disasters caused by Typhoon No.15, 2022 (The Tokai Local Finance Bureau)
<Summary>
The Tokai Local Finance Bureau alongside the Bank of Japan's Shizuoka Branch issued a statement titled PDF"Financial Measures to Deal with Disasters Caused by the Typhoon No.15, 2022"open new window (available only in Japanese) to the relevant financial institutions.
The said statement requests financial institutions in Shizuoka prefecture to appropriately deal with victims of the disaster considering their circumstances, such as by making the repayment of deposits flexible.
Disaster-affected area in the prefecture is currently subject to the "Disaster Relief Act." If more areas in the prefecture become subject to the said Act, financial institutions in the prefecture will be requested to take measures in the same manner as above accordingly.

The original press release is available in Japanese at the following URL.
https://www.fsa.go.jp/news/r4/ginkou/20220926.htmlopen new window

Site Map

top of page