This training seminar provided insights into: recent regulatory dynamics at the FSA and SESC; new areas of focus and the regulatory intent; expectations of internal audit and how to respond; key control issues; and practical measures for IBA member firms to use in a regulatory inspection.

The IBA’s Banking Sector Committee (BSC) held its sixth General Managers meeting at BNP Paribas in Marunouchi. The event featured a keynote address by Mr. Kiyotaka Sasaki, Director of the Inspection Coordination Division of the FSA’s Inspection Bureau, who discussed some of his division’s recent initiatives. The speech was followed by a reception attended by GMs, senior IBA member bankers, and FSA and BOJ officials.