Latest News

KPMG Publishes its 2015 Foreign Banks in Japan Survey

KPMG released its annual survey of published financial statements of foreign banks operating in Japan.

The financial information included in this survey represent the English translation of the condensed balance sheets for the fifty-six foreign banks registered in Japan and their related condensed statements of income as of and for the year ended March 31, 2015.

To see the survey follow this link: - Foreign Banks in Japan Survey 2015.

A government appointed panel sets out Japan’s progress in developing its financial and capital markets

The goal of the Panel is to vitalise the Japanese economy, promote business and develop the Tokyo market into a leading international financial centre by 2020.  A wide range of measures have been made including regulatory and structural changes to help support this aim and the report also highlights some further issues which need to be tackled.

http://www.fsa.go.jp/en/refer/councils/vitalizing/20150721/01.pdf    

IBA Japan welcomes the Japan Securities Clearing Corporation’s (JSCC) publication of its Principles for Financial Market Infrastructures Disclosure.

IBA Japan welcomes the Japan Securities Clearing Corporation’s  (JSCC) publication of its Principles for Financial Market Infrastructures Disclosure. The JSCC is fully compliant with the Principles for Financial Market Infrastructures (PFMI) and this detailed public document of how it is compliant is useful to market participants and to other stakeholders both in Japan and abroad.

http://www.jscc.co.jp/data/jp/2015/03/JSCC_PFMI_Disclosure_j.pdf