DATE |
EVENT |
January 27
(Financial
Markets) |
An Address by the Governor of the Bank of Japan (E) Mr. Masaaki Shirakawa, Governor, Bank of Japan
In his first speech to the IBA’s membership as Governor, Mr. Shirakawa spoke on recent economic and financial market developments in Japan and abroad.
(Attendance: 121) |
February 13 (Legal/Regulatory) |
Japan’s AML Regime: FATF’s Evaluation and Areas for Improvement (E) Mr. David Pulido, Managing Director, Asia Pacific Deputy Leader, Deloitte Touche Tohmatsu Mr. Keiichi Aritomo, Partner, Deloitte Touche Tohmatsu
Two financial industry specialists from Deloitte Touche Tohmatsu discussed Japan’s FATF ranking, describing the gaps between the practices and AML regime of Japanese and global financial institutions.
(Attendance: 46) |
February 25 (Special Event) |
BSC General Managers Meeting and Reception
The IBA’s Banking Sector Committee (BSC) held its fourth General Managers meeting at Standard Chartered Bank’s Priority Banking branch in Marunouchi. The event featured a keynote address by Mr. Masamichi Kono, Deputy Director General of the FSA’s Supervisory Bureau, who discussed the global financial crisis, lessons from Japan’s recent experience and international measures to improve and enhance the regulatory framework. The speech was followed by a reception attended by senior IBA bankers and FSA, BOJ and SESC officials.
(Attendance: 70) |
February 27 (Legal/Regulatory) |
Managing Fraud Risk (E)
Mr. Stuart Witchell, Japan Representative, International Risk Ltd
Drawing on case studies, this talk described the main types and causes of fraud and provided an overview of strategies to prevent and deal with fraud.
(Attendance: 32) |
March 10 (Legal/Regulatory) |
Firewalls Deregulation: FSA Supervisory Bureau Technical Briefing for IBA Members (J)
This exclusive briefing and Q&A session provided IBA members with a common understanding of the firewalls reform and how the new regime will be implemented.
(Attendance: 80) |
March 17
(Financial Markets) |
The Economic, Market and Political Outlook for Japan (E)
Dr. Robert Feldman, Head of Japan Economic Research, Morgan Stanley Japan
Dr. Robert Feldman, one of the most respected observers of Japan’s economy, shared his views on the short and medium term outlook for Japan’s economy, markets and politics.
(Attendance: 57) |
March 30 (Legal/Regulatory) |
Risk Management Practices in Light of the Global Financial Crisis (E) Mr. Charles Grice, Senior Consultant, Anti Money Laundering Practice, Kroll
Mr. Charles Grice, one of the world’s leading advisors to global financial institutions on money laundering prevention, discussed best practices in risk management in light of the global financial crisis.
(Attendance: 36) |
April 14 (Legal/Regulatory) |
Update on the Current Role and Future Direction of the SESC (E)
Mr. Kiyotaka Sasaki, Director, Strategy and Policy Coordination Division, SESC
This forum provided insights into the SESC’s oversight and enforcement functions in light of market misconducts, and its new areas of focus to promote greater market integrity. (Attendance: 46) |
April 21
(Financial Markets) |
An Introduction to the New TOKYO AIM Market (E)
Ms. Anna Dingley, Director, Business Development, Tokyo AIM
Mr. Chris Wells, Senior Director of Regulation, Tokyo AIM
Mr. James Halstead, Partner, Morrison & Foerster
This presentation introduced TOKYO AIM, a new concept for Japanese equity markets targeting professional investors, and highlighted key issues for financial institutions and companies interested in listing.
(Attendance: 29) |
May 11 (Legal/Regulatory) |
Firewalls Deregulation: Members’ Information Exchange Forum (J)
Led by IBA Legal Working Group members and supported by two lawyers from Anderson Mori & Tomotsune, this open discussion and exchange of information among IBA members provided clarity on the potential risks and burdens associated with the firewalls regime, as well as on the interpretation of regulations.
(Attendance: 37) |
May 21
(Financial Markets) |
Perspectives on the Global Financial Crisis and the Impact on Japan (E) Mr. Richard Inserro, Managing Director, PwC Mr. Tsuyoshi Oyama, Director, PwC
Representatives from PricewaterhouseCoopers shared their views on the current economic crisis and offered insights on the future of the financial services industry.
(Attendance: 35) |
May 26
(Financial Markets) |
An Introduction to Islamic Finance & Business Opportunities in Japan (E)
Mr. Hisashi Yuhara, Partner, Financial Services Office, Ernst & Young Mr. Dean Page, Partner, Ernst & Young Mr. Brandon Boyle, Business Tax Services, Ernst & Young
Representatives from Ernst & Young provided an overview of Islamic Finance and discussed the market for Islamic Finance both globally and in Japan.
(Attendance: 31) |
May 28 (Training) |
Full Day Introduction to Compliance Issues for Foreign Banks (J)
Mr. Yoshiki Uchida, President, MDP Advisory Co., Ltd.
This full day course for employees of foreign banks was designed as an introduction to the legal, regulatory and compliance framework for foreign banks in Japan.
(Attendance: 27) |
June 22 (Legal/Regulatory) |
Financial Business Environment in Japan: Current Progress and Future Change (E)
Mr. Takafumi Sato, Commissioner, Financial Services Agency
The FSA's top official, Commissioner Sato, shared his observations on the changing regulatory environment over the past two years and the future outlook given the financial crisis.
(Attendance: 127) |
June 26 (Legal/Regulatory) |
Firewalls Deregulation: Members’ Information Exchange Forum (J)
Led by IBA Legal Working Group members and supported by two lawyers from Anderson Mori & Tomotsune, this second open discussion and exchange of information provided an opportunity for IBA members to share best practices on the implementation of the firewalls deregulation.
(Attendance: 31) |
June 29 (Legal/Regulatory) |
The SESC’s Inspection Review and Basic Inspection Policy for 2009-10 (E)
Mr. Toshitake Kurosawa, Director, Inspection Division, Securities Exchange and Surveillance Commission
The guest speaker gave an overview of the results of the SESC’s inspection review project and of the basic inspection policy for 2009-10. A question and answer session followed.
(Attendance: 63) |
July 16 (Legal/Regulatory) |
Tokyo Stock Exchange Regulation: Current Role and Future Priorities (J w/ interpretation)
Mr. Masakazu Hayashi, President, Tokyo Stock Exchange Regulation
This event provided an overview of TSE Regulation, including its structure, current operations, inspection priorities and challenges for the future. (Attendance: 40) |
August 24
(Financial Markets) |
S&P’s Economic Outlook: Are We on the Road to Recovery? (E)
Dr. David Wyss, Chief Economist, Standard & Poor’s Dr. Subir Gokarn, Chief Economist, Standard & Poor’s, Asia Pacific
Two top economists shared their views on which countries will bounce back best from the recession and where Japan’s economy stands within Asia, post-recession and beyond. (Attendance: 29) |
August 26
(Human Resources) |
Off-the-Record HR Roundtable (E)
This IBA HR Roundtable offered HR professionals an opportunity to raise any work-related issues that they wished to discuss with their colleagues in an open and off-the-record forum.
(Attendance: 13) |
September 2 (Training) |
Financial Sector Regulatory and Compliance Seminar (E & J)
Mr. Harry Saito, CEO and Managing Director, KFi K.K.
This training seminar provided insights into the future direction of the FSA and the SESC, key issues and impacts of the firewalls deregulation, governance and general supervisory guidance, and practical measures for IBA member firms to use in a regulatory inspection.
(Attendance: 41 and 44) |
September 3 (Legal/Regulatory) |
The FSA’s Basic Inspection Policy for 2009-10 and Results of the Inspection Process Review (E)
Mr. Chikahisa Sumi, Director, Inspection Coordination Division, Inspection Bureau, FSA
Mr. Toshinori Yashiki, Director of Inspection Affairs, Inspection Bureau, FSA
Two FSA officials discussed the Inspection Bureau’s priorities regarding foreign bank inspections and the results of the recently completed inspection process review.
(Attendance: 81) |
September 30 (Training) |
FSA and SESC Inspections: Preparing Your Staff and "Day One Package" (E)
Mr. Christopher Wells, Partner, White & Case LLP
This training seminar addressed how to orient staff to understand the purpose and procedures for regulatory inspections and how to better prepare for the FSA/SESC onsite inspection process.
(Attendance: 55) |
October 21(Financial Markets) |
Financial Market Conditions in Japan and Overseas (E)
Mr. Hiroshi Nakaso, Executive Director, Bank of Japan
One of the BOJ’s top officials responsible for financial markets and monetary affairs discussed the economic and monetary conditions in Japan, including the BOJ’s open market operations and thoughts on unconventional monetary policies.
(Attendance: 49) |
October 29 (Human Resources) |
Recent Compensation and Business Trends: Cost, Risk and Competitiveness (E)
Ms. Yoko Ishida, Head of Asia-Pacific, McLagan
Mr. Steven Kusumi, Head of Capital Markets Practice, McLagan Japan
This presentation covered how compensation in the financial industry has changed as a result of the financial crisis, cost saving measures, aligning risk and compensation, and the potential impact of international regulatory discussions on compensation design.
(Attendance: 40) |
November 11 (Legal/Regulatory) |
Ministry of Finance Briefing on Revisions to the Foreign Exchange Inspection Manual (E)
Mr. Satoshi Funabashi, Foreign Exchange Examiner, Ministry of Finance
Mr. Takeo Takahashi, Foreign Exchange Examiner, Ministry of Finance
Two foreign exchange examiners from the MOF’s International Bureau provided an overview of the revisions to the Foreign Exchange Inspection Manual, which relate mainly to asset freezing.
(Attendance: 54) |
November 30 (IBA Annual General Meeting) |
2009 IBA Annual General Meeting, Address by FSA Commissioner & Reception
The IBA held its 25th AGM at the Hotel Okura, welcoming over 70 senior executives from member firms. After the meeting there was a special address by FSA Commissioner Mikuniya, attended by over 150 people. The annual reception which followed was joined by 180 people and was an excellent opportunity for individuals from many sectors of the financial services community to discuss matters of common interest in an informal setting.
(Attendance: 180) |
December 15 (Legal/Regulatory) |
Avoiding Fraud and Dealing with its Consequences (E)
Mr. Dominic Roughton, Partner, Dispute Resolution, Herbert Smith
Mr. David Gilmore, Partner, Dispute Resolution, Herbert Smith
Two partners from Herbert Smith offered their insights on how to detect and manage fraud, what to do if the fraudster is an employee and steps to prevent fraud.
(Attendance: 25) |