Japanese FSA issues approaches to strengthen cyber security in the financial sector The Japanese Financial Services Agency (FSA) has published a summary of its policy approaches to strengthen cyber security in the financial sector (dated 2 July 2015, published 5 November 2015). A copy of the document (in English) is available. http://bit.ly/1SD6yi3
Read MoreToshiba just lost its CEO to a huge accounting scandal
Another blow to Japan’s shaky corporate governance reputation, as report shows company overstated profits by a factor of three over a six-year period. Toshiba Corp said Tuesday its chief executive and president Hisao Tanaka will step down after an independent investigation found he had been aware the company had been inflating its profits over a […]
Read MoreJAPAN TO TIGHTEN OVERSIGHT OF TERROR, CRIMINAL FINANCING
Japan Moves to Close Loopholes Following Incidents at Major Banks – Japan says it is moving to close loopholes in regulations on terror and criminal financing amid growing international concerns about the country’s financial oversight following a series of high-profile incidents at major Japanese banks. The move also comes as the Group of Seven leading […]
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