{
  "title": "Japan: Financial Sector Assessment Program-Technical Note-Regulation and Supervision of Securities",
  "publication": "IMF Staff Country Reports, September 18, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/09/18/japan-financial-sector-assessment-program-technical-note-regulation-and-supervision-of-45262",
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  "summary": "This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Japan in the areas of regulation and supervision of securities firms.",
  "publishDate": "2017-09-18",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Main findings",
      "content": "- Discusses findings in the Financial Sector Assessment Program for Japan in the areas of regulation and supervision of securities firms.\n- Supervision of the two major Japanese securities groups and the Japanese subsidiaries of global banking groups deserves special attention, given the domestic and cross-border interconnectedness of these firms.\n- The supervisory teams for the major Japanese groups need access to a sufficient number of experienced staff."
    },
    {
      "heading": "Policy recommendations and supervisory priorities",
      "content": "- Continue to ensure that supervisory teams for the major Japanese groups have access to a sufficient number of experienced staff.\n- Continue to enhance existing international cooperation in the supervision of:\n  - Japanese firms’ overseas operations.\n  - Foreign-owned firms’ activities in Japan."
    },
    {
      "heading": "Scope and thematic coverage",
      "content": "- Subject areas covered: Capital adequacy requirements; Economic sectors; Financial institutions; Financial instruments; Financial regulation and supervision; Foreign corporations; National accounts; Private investment; Securities.\n- Keywords highlighted: board of directors; business model; business report; capital adequacy ratio; Capital adequacy requirements; control environment; CR; financial institution; financial instruments business; financial instruments firms association; financial product; Foreign corporations; Global; ISCR; parent company; Private investment; risk management; Securities."
    },
    {
      "heading": "Publication metadata and identifiers",
      "content": "- Pages: 44\n- Volume: 2017\n- Issue: 284\n- Series: Country Report No. 2017/284\n- Stock No: 1JPNEA2017007\n- ISBN: 9781484319789\n- ISSN: 1934-7685\n- DOI: https://doi.org/10.5089/9781484319789.002\n\nInternational Monetary Fund. Monetary and Capital Markets Department \"Japan: Financial Sector Assessment Program-Technical Note-Regulation and Supervision of Securities\", IMF Staff Country Reports 2017, 284 (2017).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/09/18/japan-financial-sector-assessment-program-technical-note-regulation-and-supervision-of-45262"
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    "Published: September 18, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484319789.002",
    "Discusses findings in the Financial Sector Assessment Program for Japan in the areas of regulation and supervision of securities firms.",
    "Supervision of the two major Japanese securities groups and the Japanese subsidiaries of global banking groups deserves special attention, given the domestic and cross-border interconnectedness of these firms.",
    "The supervisory teams for the major Japanese groups need access to a sufficient number of experienced staff.",
    "Continue to ensure that supervisory teams for the major Japanese groups have access to a sufficient number of experienced staff.",
    "Continue to enhance existing international cooperation in the supervision of:",
    "Subject areas covered: Capital adequacy requirements; Economic sectors; Financial institutions; Financial instruments; Financial regulation and supervision; Foreign corporations; National accounts; Private investment; Securities.",
    "Keywords highlighted: board of directors; business model; business report; capital adequacy ratio; Capital adequacy requirements; control environment; CR; financial institution; financial instruments business; financial instruments firms association; financial product; Foreign corporations; Global; ISCR; parent company; Private investment; risk management; Securities.",
    "Pages: 44",
    "Volume: 2017",
    "Issue: 284",
    "Series: Country Report No. 2017/284",
    "Stock No: 1JPNEA2017007",
    "ISBN: 9781484319789",
    "ISSN: 1934-7685",
    "DOI: https://doi.org/10.5089/9781484319789.002",
    "**Country Report**"
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