Mr. Matsushige presented to IBA Japan members an annual overview of the SESC’s Inspection Policy and Program for 2014-2015, which are the basis for the SESC's inspections on securities firms during the program year.
Harry Saito gave a presentation to IBA Japan members, focusing on recent regulatory dynamics and practical measures for IBA member firms in dealing with regulators.
The presentation covered recent regulatory concerning areas such as governance, internal audit, information controls, management of outsourced services and IT risk management.
Harry Saito gave a presentation to IBA Japan members, focusing on recent regulatory dynamics and practical measures for IBA member firms in dealing with regulators.
The presentation covered recent regulatory concerning areas such as governance, internal audit, information controls, management of outsourced services and IT risk management.
Two local experts from PwC gave an overview of the recent tax reforms and new legislation affecting the tax cost for expatriate and local employees, focusing on:
Localization and recent trends
Tax audit trends
Trends in structuring and delivery of compensation
Increase on inheritance tax rates and its impact on moving senior level employees
Yu Hashikura and Linda Haas from Towers Watson gave an overview of expected changes in salary movement and review practices in Japan. The presentation featured an analysis of key points of particular interest to financial firms, including HR trends, variable pay trends, and challenging issues in the financial services industry.
Mr. Hideki Thurgood Kano from Anderson Mori & Tomotsune gave an overview of the legal and practical considerations surrounding unilateral dismissal, focusing on:
An overview of the range of practices undertaken
General trends (frequency of going to court, settlement trends, frequently seen risks)
A comparison between foreign and Japanese financial services companies
Legislative changes on the horizon
Seiji Matsuzoe of White and Case gave to IBA Japan members an overview of the regulatory framework relating to OTC derivatives from a Japanese bank and financial institution perspective, including:
overview of Dodd-Frank Act and EMIR
proposed or expected development in Japanese OTC derivative regulations
comparison of Dodd-Frank Act, EMIR and FIEA
Jim Pelczar (Senior Vice President, Forensic and Dispute Services, Deloitte Tohmatsu Financial Advisory) gave an overview of the “cybercriminal marketplace” and the evolution of cyber-crime syndicates. The presentation included examples of attacks made against financial institutions, and some of the issues associated with third party vendors that provide services to financial institutions. Jim also outlined strategies that a financial institution can use to moderate the cost of forensic investigations.
