Japan's Financial Services Agency: Financial Policies Monitor

Based on the Strategic Directions and Priorities 2015–2016, announced in September 2015, the FSA has established the Financial Policies Monitor (System) to receive candid opinions and suggestions concerning financial policies and to reflect these in the FSA’s financial policies. This approach is aimed at establishing a structure to conduct proactive financial policies to keep pace with the changes in the domestic and global environment surrounding the financial fields.

Reference: “2015-2016 Strategic Directions and Priorities”

The FSA has used various measures to seek opinions from financial institutions and the general public regarding financial policies in the past, but the financial institutions have pointed out that it is not always easy to express candid opinions when the contact person is a FSA official. In light of such comments, the FSA has established a Contact for Financial Policies Monitor in which external experts (Financial Policies Monitors as per below) receive opinions and suggestions as neutral third parties and convey such opinions and suggestions to the FSA for reflection in its financial policies.

Send your opinions and suggestions to the Contact for Financial Policies Monitor.

Click here.

In an attempt to continue efforts to seek opinions and suggestions on financial policies, the FSA has also opened a Contact for the FSA in order to continue to receive comments directly at the FSA.

Send your opinions and suggestions to the FSA. Click the attachment below.

The FSA would like to continue its efforts to pursue better financial policies, and it encourages your active use of these contacts.

Attachment: Financial Policies Monitor (PDF:136KB)

Financial Policies Monitor

Please send us your comments on Financial Policies !

The FSA endeavors to improve financial policies through your opinions and suggestions.

Purpose

In light of the views that it is not always easy for financial institutions to express candid opinions when the contact person is a FSA official, the FSA has established aContact for Financial Policies Monitor, in which external experts (Financial Policies Monitors as per below) receive opinions and suggestions as neutral third parties and convey such opinions and suggestions to the FSA for reflection in its financial policies.
The FSA also opened a Contact for the FSA in order to continue to receive comments directly at the FSA.
The FSA would like to continue its efforts to pursue better financial policies, and encourages your active use of these contacts.

Financial Policies Monitors

Satoshi Inoue	Attorney at law (Partner, Nagashima Ohno & Tsunematsu)
Yuri Okina	Vice Chairman, The Japan Research Institute, Limited
Hideki Kanda	Professor, Graduate Schools for Law and Politics, the University of Tokyo
Yumiko Nagasawa	Executive Director, Foster Forum (forum to foster quality financial products)
Takau Yoneyama	Professor, Graduate School of Commerce and Management, Hitotsubashi University
Akihiro Wani	Attorney at law (Senior Counselor, Morrison & Foerster LLP)

Contacts



URL: http://www.fsa.go.jp/monitor/ gyouseigoiken.html Submit via: telephone, fax, website, postal mail		URL: http://www.fsa.go.jp/en/monitor/ gyouseimonitor.html Submit via: email
Telephone: 0570-052100 *03-3501-2100 (for IP Phone) (Press “5” after the recorded message.) 81-3-3501-2100 (calling from overseas) Fax: 03-3506-6699 81-3-3506-6699 (calling from overseas) Website: See the URL above Mail: Contact for the FSA, Counseling Office for Financial Services Users, Financial Services Agency 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8967		Email address: *Comments in English are also accepted.

Flow of Financial Policies Monitor

Handling of comments submitted to Financial Policies Monitor

The Monitors receive submitted comments directly without any involvements of FSA official. The consent of the person who submitted the comment is required in order for any FSA official to review it. (The FSA set the rules for the strict and appropriate protection of confidentiality, stipulating that the comments are delivered only to the Financial Policies Monitors and staffs specially appointed as the Monitors’ assistants. Even if your message does not include your identification, you can submit your comments.)
Submitted comments, each accompanied by the opinion of the responsible Financial Policies Monitor, will be shared with the FSA executives and officials in charge for the creation of better financial policies without disclosing submitter’s name and/or company.
To ensure the effectiveness and transparency of the Financial Policies Monitor system, an outline of key comments will be disclosed on a regular basis, with the consent of the persons who submitted them. The personal information of the persons submitting the comments and the names of the organizations to which they belong will not be disclosed.