Financial Services Agency - FSA

AAA

DEFINITION of 'Financial Services Agency - FSA '

The Japanese government entity responsible for overseeing banking, insurance and securities and exchange. The role of the Financial Services Agency is to ensure the stability of Japan's financial system; the protection of depositors, insurance policyholders and securities investors; and the inspection, supervision and surveillance and transparency of the financial system.


The FSA was established in July of 2000 under the jurisdiction of the Financial Reconstruction Commission through the reorganization of the Financial Supervisory Agency. It is headquartered in Tokyo, Japan.

INVESTOPEDIA EXPLAINS 'Financial Services Agency - FSA '

Following the reorganization of Japan's central government ministries, the FSA became an external entity of the Cabinet Office. The FSA handles:
• Planning and policymaking regarding Japan's financial system


• Supervision of private sector financial institutions


• Development of rules for trading in markets


• Development of business accounting standards


• Supervision of CPAs and auditing firms


• Compliance of rules in financial markets

RELATED TERMS
  1. Yugen Kaisha - YK

    A type of limited liability company that could be established ...
  2. Financial System

    A financial system can be defined at the global, regional or ...
  3. Gen-Saki

    A secondary market in Japan, also known as a repo market for ...
  4. Japanese Government Bond - JGB

    A bond issued by the government of Japan. The government pays ...
  5. JPY

    The currency abbreviation or the currency symbol for the Japanese ...
  6. Bank Of Japan - BoJ

    Headquartered in the business district of Nihonbashi in Tokyo, ...
Related Articles
  1. Government Regulations: Do They Help ...
    Entrepreneurship

    Government Regulations: Do They Help ...

  2. Understanding The Basel III International ...
    Personal Finance

    Understanding The Basel III International ...

  3. The Pitfalls Of Financial Regulation
    Economics

    The Pitfalls Of Financial Regulation

  4. The Financial Regulation Overhaul: Good ...
    Professionals

    The Financial Regulation Overhaul: Good ...

comments powered by Disqus
Hot Definitions
  1. Halloween Massacre

    Canada's decision to tax all income trusts domiciled in Canada. In October 2006, Canada's minister of finance, Jim Flaherty, ...
  2. Zombies

    Companies that continue to operate even though they are insolvent or near bankruptcy. Zombies often become casualties to ...
  3. Witching Hour

    The last hour of stock trading between 3pm (when the bond market closes) and 4pm EST. Witching hour is typically controlled ...
  4. October Effect

    The theory that stocks tend to decline during the month of October. The October effect is considered mainly to be a psychological ...
  5. Repurchase Agreement - Repo

    A form of short-term borrowing for dealers in government securities.
  6. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
Trading Center