Japan’s Financial Services Agency: 2019 ISDA Annual Japan Conference - Speech By HIMINO Ryozo, Vice Minister For International Affairs

Thank you, Scott (Mr. O’Malia), for the updates on ISDA’s work on margin, capital and benchmarks. We share the goal of “safe, efficient markets,” and I appreciate your focus on key issues relevant to the goal.

Good morning, everyone.

I was in Washington D.C. last week. There, the G20 finance ministers and central bank governors had their last meeting under the 2019 Japanese presidency. The Japanese Financial Services Agency (FSA), in collaboration with the Ministry of Finance and the Bank of Japan, has contributed to the G20 work with regard to financial sector issues. Now that this mission is largely completed and the torch is being handed over to Saudi Arabia, the 2020 presidency, we feel a bit relieved this week and take some pride in the work done over the year.

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