KPMG released its International’s 2015 Global Tax Rate Survey. The survey has been run for many years in cooperation with KPMG global network member firms. Although the previous surveys covered corporate tax rates and indirect tax rates only, this year’s includes information on individual income tax rates (basically, the top marginal tax rates) and social security rates (both rates for employers and employees) as well.
KPMG released its annual survey of published financial statements of foreign banks operating in Japan.
The financial information included in this survey represent the English translation of the condensed balance sheets for the fifty-six foreign banks registered in Japan and their related condensed statements of income as of and for the year ended March 31, 2015.
To see the survey follow this link: - Foreign Banks in Japan Survey 2015.
The goal of the Panel is to vitalise the Japanese economy, promote business and develop the Tokyo market into a leading international financial centre by 2020. A wide range of measures have been made including regulatory and structural changes to help support this aim and the report also highlights some further issues which need to be tackled.
http://www.fsa.go.jp/en/refer/councils/vitalizing/20150721/01.pdf
IBA Japan responds to the 2015 Tokku consultation indicating specific regulations that we believe should be repealed including the foreign bank agency business regime and the ban on information sharing under the Firewalls regime.
For the full response letter please see the attachment.
外資系金融機関は日本経済と金融市場の活性化を支持する
国際銀行協会 会長
モルガン・スタンレー・ホールディングス 社長
ジョナサン Ｂ．キンドレッド
世界２２ヵ国から日本に進出している外資系銀行と証券会社などにより構成される一般社団法人国際銀行協会は、日本経済を繁栄させ、金融・資本市場を活性化し、東京を国際金融センターとして発展させ、ひいては日本社会全体に貢献する環境整備への取組みを全面的に支持する。
The European Securities and Markets Authority (ESMA) has today recognised ten third-country CCPs established in Australia, Hong Kong, Japan and Singapore.
The recognition by ESMA allows third country CCPs to provide clearing services to clearing members or trading venues established in the EU.
資産運用機関を含めて。
IBA Japan welcomes the Japan Securities Clearing Corporation’s (JSCC) publication of its Principles for Financial Market Infrastructures Disclosure. The JSCC is fully compliant with the Principles for Financial Market Infrastructures (PFMI) and this detailed public document of how it is compliant is useful to market participants and to other stakeholders both in Japan and abroad.
http://www.jscc.co.jp/data/jp/2015/03/JSCC_PFMI_Disclosure_j.pdf