SEMINAR ON CURRENT REGULATORY DYNAMICS AT THE FSA

Date:	Tuesday, June 27, 2006
Time:	Japanese Session: 1400 - 1530
	English Session: 1600 - 1730
Place:	JPMorgan Chase, 32nd Floor, Morgan Center Room Tokyo Building, Marunouchi 2-7-3 Chiyoda-ku
Cost:	¥ 5,000 per person (Payable at the door)

Mr. Harry Saito, CEO and Managing Director, KFi K.K.

Mr. Saito discussed the following issues: (1) recent dynamics at the FSA; (2) the FSA’s Financial Reform Program; (3) the FSA’s general supervisory guidance; and (4) the FSA’s general inspection policy. A question and answer session followed the seminars. Please see page two for a detailed outline of the seminar.

Haruhiko (Harry) Saito is CEO and Managing Director of KFi K.K. While with KFi, he has advised many foreign financial institutions regarding regulatory issues, and offered strategic advice to many new entrants to the Japanese markets. Prior to that, Mr. Saito worked at the Bank of Japan mostly in the banking policy area, such as capital adequacy rules, derivatives regulatory guidelines, etc. Mr. Saito has served as Japan’s official member in various working groups at the Basel Committee on Banking Supervision at the Bank for International Settlements (BIS). At the BIS, Mr. Saito was a drafting member of various policies related to risk management and internal controls and has worked closely with Securities Supervisors at the IOSCO as a member of the Working Party 3. Mr. Saito holds a BA in Law from the University of Tokyo and an MBA from Harvard University.

Please click here to see a detailed agenda of the seminar.