Articles and Useful Information

IOSCO Publishes Recommendations Regarding the Protection of Client Assets

The International Organization of Securities Commissions (IOSCO) has published the final report on Recommendations Regarding the Protection of Client Assets.

The report provides guidance to regulators on how to enhance their supervision of intermediaries holding client assets by clarifying the roles of the intermediary and the regulator in protecting those assets.

"The Future of Asian Markets and Exchanges" (FSA conference materials)

The FSA has released the conference summary and presentation materials from the JFSA-JPX joint conference, "The Future of Asian Markets and Exchanges" held in November.

The conference focused on Asian Exchanges’ latest developments, current strategies, and challenges ahead and also explored the roles of the Tokyo market in Asia through presentation and panel discussion by experts on international financial markets, including senior officials of major exchanges.

The Panel for Vitalizing Financial and Capital Markets Releases its Recommendations

The Panel for Vitalizing Financial and Capital Markets has published its report called Recommendations for Vitalizing Financial and Capital Markets. The report sets out an ambitious framework of reforms including using the financial assets by households and public pensions to fund growing business; realizing the growth potential in Asian; strengthening corporate competitiveness and promoting entrepreneurship; and developing human resources and developing a better business environment.

Recommendation to improve the management of public funds and pensions

Government appointed panel recommends changes to public and quasi-public funds (including the GPIF, the largest pension fund in the world) with the intention to introducing a encouraging a more sophisticated investment strategy and risk management structure by these funds.

http://www.cas.go.jp/jp/seisaku/koutekisikin_unyourisk/pdf/e_final_report.pdf

BoJ Policy Board Member Takehiro Sato gives views on monetary policy to IBA Japan members

The BoJ has embarked over the last year on a massive programme of monetary easing and inflation targeting to help revive the Japanese economy. It also has introduced a number of infrastructure initiatives. In his presentation to IBA Japan members, BoJ Policy Board Member Takehiro Sato gave an overview of the Bank’s strategy and shared his thoughts on the future direction of monetary policy.

http://www.boj.or.jp/en/announcements/press/koen_2014/data/ko140227a1.pdf

FSA publishes materials used in the International Conference on Financial Regulation and Growth in Asia

The FSA has published the materials from the International Conference on Financial Regulation and Growth in Asia, held on 29 October, 2013 in Tokyo. The conference focused on maintaining financial stability, shadow banking in Asia, and financial intermediation.

http://www.fsa.go.jp/en/news/2013/20131113.html

MOF releases FY2012 Policy Evaluation Report (Summary)

The Ministry of Finance (MoF) has released a summary of its Policy Evaluation Report for FY2012. The summary outlines MoF’s policy goals and how it evaluates them.

http://www.mof.go.jp/english/about_mof/policy_evaluation/fy2012/24eiyakuhyouka1.html

METI releases FY 2014 Key Points of Economic and Industrial Policies

The Ministry of Economy Trade and Industry (METI) has released its Key Points of Economic and Industrial Policies for FY2014. The document outlines the goals and challenges associated with implementation of the Japan Revitalization Strategy.

http://www.meti.go.jp/english/aboutmeti/policy/fy2014/pdf/1002_01a.pdf

JSDA releases 2013 Fact Book

The Japan Securities Dealers Association (JSDA) has released the 2013 edition of its annual Fact Book, which summarizes various statistics of the securities market and industry in Japan.

http://www.jsda.or.jp/en/newsroom/fact-book/files/fb2013_e.pdf

FSA and MOF set up Panel for Vitalizing Financial and Capital Markets

As a part of the Abe Administration’s ‘third arrow’ of economic policies, the Japanese Financial Services Agency and the Ministry of Finance have set up a Panel for Vitalizing Financial and Capital Markets. The panel consists of various experts from the financial, industrial and academic sectors who will compile proposals by the end of the year.

http://www.fsa.go.jp/en/refer/councils/vitalizing/20131108.html

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