Tag - fsa

 
 

FSA

BUSINESS
Dec 2, 2013
Nippon Life unit faces fine
The brokerage industry watchdog was expected to recommend that the Financial Services Agency order a Nippon Life Insurance Co. subsidiary to pay a fine for insider trading on unreleased information, market sources said Monday.
BUSINESS / Companies
Oct 17, 2013
Mizuho reported to FSA about shady loans without sufficient probe
A former Mizuho Bank vice president in charge of compliance matters said Thursday the bank submitted to Japan's financial watchdog a false report on its lending to people related to underworld groups without interviewing him.
EDITORIALS
Oct 15, 2013
Get to the bottom of shady loans
The inability of Japan's third-largest bank to break the habit of approving car loans for yakuza reflects poor corporate governance and besmirches the reputation of the financial industry.
BUSINESS / Companies
Oct 12, 2013
Mizuho Bank faces more FSA penalties over yakuza loans
The Financial Services Agency will weigh additional penalties against Mizuho Bank after it explains later this month its failure to reveal executives' involvement in loans to underworld groups, officials of the watchdog said.
BUSINESS / Companies
Oct 11, 2013
FSA orders Abraham Private Bank to suspend business for six months
The Financial Services Agency on Friday ordered Abraham Private Bank to suspend business for six months with immediate effect, saying the Tokyo-based investment adviser sold investment products without registering itself for the sales.
BUSINESS / Companies
Oct 5, 2013
Mizuho set to punish president, chairman over loans to mobsters
Mizuho Bank is expected to take punitive steps against its president and chairman for mishandling a scandal over loans extended to underworld groups.
JAPAN / Media / DARK SIDE OF THE RISING SUN
Oct 5, 2013
Has business blackballed the yakuza? Don't bank on it
The Financial Services Agency (FSA) publicly spanked Mizuho Bank last month by slapping it with a "business improvement order" for letting Japan's organized crime groups use its facilities. At least $2 million in illegal transactions were cited.
BUSINESS
Jun 6, 2013
FSA eyes easier startup funding rules
The Financial Services Agency is planning to make it easier for startups to raise funds from a wider spectrum of investors via the Internet by letting entities other than licensed securities dealers broker unlisted shares in these businesses, sources said Wednesday.

Longform

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