What’s New on the FSA Website

Week of January 6, 2023 - January 12, 2023

This page contains the latest in events, developments, and updates to the FSA website.

Press Releases

Councils

January 6, 2023

Publication of the agenda and handouts of the 63rd Meeting of the Financial Service ADR (Alternative Dispute Resolution) Liaison Group <Summary> The FSA published the agenda and handouts of the 63rd Meeting of the Financial Service ADR (Alternative Dispute Resolution) Liaison Group, which was held on January 6, 2023. The liason group members discussed the operational status of the respective designated alternative dispute resolution (ADR) organizations in the first half of FY2022, as well as the measures taken by financial institutions in response to feedback and so forth from ADR organizations. The original press release is available in Japanese at the following URL. https://www.fsa.go.jp/singi/singi_trouble/siryou/20230106.html

Others

January 12, 2023	Publication of "Statistics of NISA and Junior NISA Accounts" as of September 30, 2022 <Summary> The FSA has published "Statistics of NISA and Junior NISA Accounts." As of September 30, 2022, there were approximately 17.5 million NISA accounts in total, and approximately 29.0 trillion yen (approximately 220.1 billion USD) was invested through the NISA accounts, among which, 2.4 trillion yen (approximately 18.6 billion USD) was invested through approximately 6.8 million accounts of the Tsumitate NISA (Dollar-Cost Averaging NISA), which has started since January 2018. The original press release is available in Japanese at the following URL. https://www.fsa.go.jp/policy/nisa/20230112.html
January 12, 2023	Stewardship Code : 322 institutional investors have signed up to the Principles for Responsible Institutional Investors as of December 31, 2022
January 11, 2023	Updated statistics of money lending business
January 6, 2023	Warning against fraudulent investment solicitation through SNS (Social Network Services), dating applications (apps), or other services/apps <Summary> The FSA issued a warning against fraudulent investment solicitation through SNS, dating applications, or other services/apps. There has been an increasing number of cases of fraudulent investment solicitation related to financial products, including crypto-asset (virtual currency) and FX (Foreign Exchange) reported, in which people are being solicited to invest in such financial products by the people they meet on SNS, dating apps, or other services/apps, and are having trouble withdrawing their funds, etc. as a result of trading with foreign business operators they have been introduced to therein. The FSA alerts the public to make prudent judgment when they receive investment solicitations from a person/entity they have met through SNS, dating apps, or other services/apps, thereby checking whether the person/entity soliciting investment is registered as a crypto asset exchange service provider or financial instruments business operator, etc., by referring to the "List of Licensed (Registered) Financial Institutions." Moreover, the FSA urges financial services users to report to (and/or consult with) the authorities (such as the police or the FSA's Counseling Office for Financial Services Users) whenever any sign of fraudulence is detected. The original press release is available in Japanese at the following URL. https://www.fsa.go.jp/ordinary/chuui/sns.html