Past Events

Financial Sector Regulatory and Compliance Seminar

Mr. Haruhiko (Harry) Saito, CEO and Managing Director, TIC K.K.

Mr. Saito discussed the following topics: (1) recent regulatory dynamics; (2) new areas of focus and the regulatory intent; (3) major expectations on internal controls and key determinants of regulatory sanctions; and (4) practical measures for IBA member firms in dealing with regulators. The content was practical, covering recent regulatory concerning areas such as information controls, management of outsourced services and IT risk management.

Legal/Regulatory  

The FSA’s 2012-13 Supervisory Policy for Banks

Mr. Shigeru Ariizumi, Director, Banks Division I, Inspection Bureau, Financial Services Agency

Mr. Ariizumi spoke on the FSA’s focus and policy of the supervision and the FSA’s financial institutions. The points addressed included more effective customer protection, evaluation of BCP and IT system management, and market risk and liquidity risk management given the recent market developments, especially in Europe and the U.S.

The SESC’s Basic Inspection Policy and Program 2012-13

Mr. Yasuhito Suzuki, Director, Inspection Division, SESC

Mr. Suzuki gave an overview of the SESC inspection policy guidelines, which are the basis for the SESC’s inspections in 2012-13. The presentation was followed by a question and answer session. 

Legal/Regulatory  

The FSA’s 2012-13 Basic Inspection Policy for Banks

Mr. Kiyotaka Sasaki, Deputy Director-General, Inspection Bureau, FSA

Mr. Sasaki gave an overview of the financial inspection policy for banks for 2012-13. Topics addressed included liquidity risk management on a global basis, dialogue with foreign financial institutions’ head/regional offices, and enhanced monitoring of foreign banks in cooperation with home country regulations.

Legal/Regulatory  

Full Day Introduction to Compliance Issues for Foreign Banks

Mr. Yoshiki Uchida, President, MDP Business Advisory, Co., Ltd.

Mr. Uchida gave a course to member firm staff requiring an introduction to the legal, regulatory and compliance framework for foreign banks in Japan. This training combined a text-based lecture with hands-on practical case studies so that participants could increase their understanding of key compliance issues.

Training  

Full Day Introduction to Compliance Issues for Foreign Banks

Mr. Yoshiki Uchida, President, MDP Business Advisory, Co., Ltd.

Mr. Uchida gave a course to member firm staff requiring an introduction to the legal, regulatory and compliance framework for foreign banks in Japan. This training combined a text-based lecture with hands-on practical case studies so that participants could increase their understanding of key compliance issues.

Training  

Regulations on OTC Derivative Transactions and Reporting Requirements

Mr. Mamoru Nakaya, Senior Deputy Director, FSA
Mr. Hironobu Akamatsu, Deputy Director, FSA
Mr. Takanori Naito, Deputy Director, FSA

Mr. Nakaya, Mr. Akamatsu, and Mr. Naito from the Financial Services Agency discussed regulatory framework under the recently promulgated Cabinet Office Ordinance on OTC Derivative Transactions including the requirement to report OTC derivative transactions. The presentation consisted of an overview of the regulations on OTC derivative transactions with a central focus on of the Cabinet Office Ordinance on Regulations on OTC Derivative Transactions, as well as the purpose and specific details of the OTC derivative transaction reporting requirement.

Legal/Regulatory  

BCP and Disaster Recovery Center

Mr. Kenzo Yamamoto, Chairman, NTT Data Institute of Management Consulting, Inc,
Mr. Masashi Hamaguchi, Sales Group Senior Manager,
Data Center Business Unit, System Platforms Sector, NTT DATA
Mr. Akira Matsubayashi, Consultant, System Engineering Business Unit,
System Platforms Sector, NTT DATASmall and Medium Enterprise Management Consultant

Former BOJ’s Executive Director Mr. Yamamoto and two specialists from NTT DATA discussed back-up site issues. Followed by Mr. Yamamoto’s key note speech “Overview of BCP in Japanese financial industry”, two specialists from NTT DATA discussed backup site issues and BCP, given the lessons learned from the March 11 earthquake, reflecting the increasing needs of disaster recovery center and on-site office in the DR center.

BCP-DR-IT  

BSC General Managers Meeting and Reception

The IBA’s Banking Sector Committee (BSC) held its seventh General Managers meeting at BNP Paribas in Marunouchi. The event featured a special address by Mr. Toshihide Endo, Deputy Director General of the FSA’s Supervisory Bureau. The speech was followed by a reception attended by GMs, senior IBA member bankers, and FSA and BOJ officials.  

Special Events