Local governance requirements for foreign financial institutions and assessment by internal audit

Legal/Regulatory 

Event Report

Experts from KPMG discussed the outlook of the Japanese regulatory requirements regarding foreign financial institutions’ local governance and current challenges, referring to the EU and U.S. regulators’ discussions on strengthening the financial institutions’ governance as well as the result of recent FSA inspections. Discussion also included the internal audit function’s role in assessing governance, together with highlighting important points in conducting audits.

 

English

Legal/Regulatory

Kiyomi Uchi 
Partner and Head of FS Advisory, KPMG AZSA LLC

Mr. Uchi will discuss the outlook of the Japanese regulatory requirements regarding foreign financial institutions’ local governance and current challenges, referring to the EU and U.S. regulators’ discussions on strengthening the financial institutions’ governance as well as the result of recent FSA inspections. He will also discuss the internal audit function’s role in assessing governance, together with highlighting important points in conducting audits.

Kiyomi Uchi heads the Financial Risk Management Advisory Services and Regulatory Compliance Services including Internal Audit related services for financial Institutions at KPMG's Tokyo office. He has a background in the financial industry, having joined the Japan firm in 1999 after a 16 years at one of the major Japanese banks. He has led numerous local and cross border advisory projects relating to Risk Management, Regulatory Compliance, Internal Audit.


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