International Financial Law Review 2013: Guide to Japan

The IFLR 2013 Guide to Japan includes an article about the International Bankers Association of Japan (IBA Japan) and the newly-established Japan Financial Markets Council (JFMC). 

Paul Hunter, Secretary General of IBA Japan, discusses the aims and priorities of the Association, highlights some of the challenges facing foreign financial firms doing business in Japan, and identifies some of the issues the Association will be focusing on in the coming year.

BoJ Policy Board Member Takehiro Sato gives views on monetary policy to IBA Japan members

The BoJ has embarked over the last year on a massive programme of monetary easing and inflation targeting to help revive the Japanese economy. It also has introduced a number of infrastructure initiatives.  In his presentation to IBA Japan members, BoJ Policy Board Member Takehiro Sato gave an overview of the Bank’s strategy and  shared his thoughts on the future direction of monetary policy.

 

http://www.boj.or.jp/en/announcements/press/koen_2014/data/ko140227a1.pdf

BoJ Policy Board Member Takehiro Sato gives views on monetary policy to IBA Japan members

The BoJ has embarked over the last year on a massive programme of monetary easing and inflation targeting to help revive the Japanese economy. It also has introduced a number of infrastructure initiatives.  In his presentation to IBA Japan members, BoJ Policy Board Member Takehiro Sato gave an overview of the Bank’s strategy and  shared his thoughts on the future direction of monetary policy.

 

http://www.boj.or.jp/en/announcements/press/koen_2014/data/ko140227a1.pdf

Banking & Capital Markets CEOs upbeat about the prospects for the global economy

Banking & Capital Markets CEOs are the most upbeat of all business leaders about the prospects for the global economy (56% believing it will improve over the next 12 months). More than half of them are planning to increase their headcounts (most by at least 5%) over the next 12 months. In a PWC survey of 1000 business leaders from 68 countries, which was launched at Davos 2014, CEOs said they need to manage their business through uncertainty but many of them said their companies are not yet prepared for change in a number of key areas.

IOSCO Publishes Recommendations Regarding the Protection of Client Assets

The International Organization of Securities Commissions (IOSCO) has published the final report on Recommendations Regarding the Protection of Client Assets

The report provides guidance to regulators on how to enhance their supervision of intermediaries holding client assets by clarifying the roles of the intermediary and the regulator in protecting those assets.

"The Future of Asian Markets and Exchanges" (FSA conference materials)

The FSA has released the conference summary and presentation materials from the JFSA-JPX joint conference, "The Future of Asian Markets and Exchanges" held in November.

The conference focused on Asian Exchanges’ latest developments, current strategies, and challenges ahead and also explored the roles of the Tokyo market in Asia through presentation and panel discussion by experts on international financial markets, including senior officials of major exchanges.