Financial Supervisory Agency


Also found in: Acronyms.

Financial Supervisory Agency

An agency in Japan responsible for regulating securities exchanges, banks, and insurance. It has been independent of any ministry since its creation in 1998.
References in periodicals archive ?
13) The CRA requires the federal financial supervisory agencies to encourage financial institutions to help meet the credit needs of local communities in which they operate, consistent with their safe and sound operation, and requires the appropriate federal financial supervisory agency to take into account an institution's record of meeting the credit needs of its entire community, including low- and moderate-income ("LMI") neighborhoods, in evaluating bank expansionary proposals.
The job of Japan's top bank regulator was shifted further to the Financial Services Agency, established in July 2000 by integrating the Financial Supervisory Agency with the ministry's Financial System Planning Bureau, a division in charge of devising policies related to banks and other financial institutions.
The Financial Services Agency will be formed by integrating the Financial Supervisory Agency and the Finance Ministry's Financial System Planning Bureau.
on Monday obtained a license from the Financial Supervisory Agency to operate as a full-range securities house targeting individual and corporate clients in Japan beginning Tuesday, the company said.
On September 1, 1999 Republic New York Corporation announced that it had commenced an investigation of the Futures Division of RNYSC as a result of a letter received from the Financial Supervisory Agency of Japan ("FSA") concerning an investigation that the FSA is conducting of the Tokyo branch of an affiliate of a client of RNYSC's Philadelphia office.
The Public Financial Supervisory Agency (PFESA) had approved a total sum of USD15m - the mandatory minimum founding capital - to the bank to open a branch office in Juba.
The CRA requires the federal financial supervisory agencies to encourage financial institutions to help meet the credit needs of the local communities in which they operate, consistent with their safe and sound operation, and requires the appropriate federal financial supervisory agency to take into account an institution's record of meeting the credit needs of its entire community, including low- and moderate-income ("LMI") neighborhoods, in evaluating bank expansionary proposals.
The association representing Germany's private sector banks helped support the "Eichel-Brown" initiative by backing Finance Minister Eichel's proposal to establish a cross-sector Federal Financial Supervisory Agency (BAFin).
Yamada, 48, obstructed an inspection by the then Financial Supervisory Agency in January and February 1999 by concealing documents concerning derivatives and other financial products transactions, the ruling said.
The Finance Ministry and the Financial Supervisory Agency are poised to demand 400 billion yen in public money and an additional 100 billion yen from the life insurance sector.
The Financial Supervisory Agency earlier said LTCB's balance sheets showed the bank had a capital deficit of 340 billion yen at the end of September.
Although the investigation by the Financial Supervisory Agency (FSA - the inspection department of the FRC), raises serious reputational issues, Fitch IBCA is satisfied that the action taken by certain employees of CSFP, Tokyo, in obstructing the activities of the FSA was exceptional and not representative of the risk management culture or systems within CSFP, which remain excellent.
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