The Panel for Vitalizing Financial and Capital Markets, which was set up on November 11th by the Financial Services Agency and the Ministry of Finance in accordance with the Action Plan to Implement the Growth Strategy (decision of the Headquarters for Japan’s Economic Revitalization on October 1, 2013), which states “the government will compile, by the end of this year, measures to make Japanese financial and capital markets more attractive, such as measures to divert individuals’ financial assets as financing for growth, and measures to realize and utilize the potential of Asian economies,” has held rounds of discussions since its launch.
On December 13, on the basis of the discussions, the Panel released Recommendations for Vitalizing Financial and Capital Markets.
The Panel will continue to be held in order to discuss and embody necessary measures.
