FSA and SESC Inspections:
Preparing Your "Day One Package" and Orienting Your Staff to Their Role in a Regulatory Inspection
Presenter:
Mr. Christopher Wells, Partner, White & Case LLP
Schedule
| Date: |
Thursday, September 25, 2008 |
| Time: |
9:30 to 12:30 |
| Venue: |
Okabe Room, 20F, Nikko Citi (Map: nikkocitigroup map) Shin-Marunouchi Building, 1-5-1 Marunouchi |
| Fee: |
Y7,000 |
| Language: |
This seminar will be conducted IN ENGLISH. |
Based on the revised “Day One Package” requirements for FSA and SESC inspections, this seminar will emphasize how to prepare for an inspection and how to handle an onsite inspection. Mr. Wells presented on a related topic at an IBA information forum to more than 100 people in 2006. He will cover the following topics:
- Preparing effectively for FSA and SESC inspections by following the “Day One Package" requirements
- What should be included in a “Day One Package” for securities regulators
- How to help staff to understand the purpose and procedures for regulatory inspections in Japan
- Preparing all staff for the FSA/SESC inspection onsite process and interviews
- Orienting senior management in the continuing oversight and managerial obligation before, during and after a regulatory inspection
- How to document the conduct of business in a manner which reflects the firm’s compliance culture
Mr. Wells is a Partner in the Tokyo office of the international law firm of White & Case. Mr. Wells’ practice currently focuses on the establishment, operation and licensing of investment funds and fund-related investment intermediaries in Japan and issues related to regulatory compliance and license qualification matters in Japan. He also handles financing and banking transactions, including cross-border securities offers, credit financings and syndications, equipment financings and securitization transactions.