Search result for FINANCIAL SERVICES AGENCY
JAPAN’S SBI HOLDINGS ORDERED TO SUSPEND OPERATIONS BY FSA
Highlights –
- Japan’s SBI Holdings ordered to suspend operations by FSA.
- The unit had solicited funds from investors with false or misleading information.
- The company had collected 20.7 billion yen ($190 million) from investors i...
JAPAN FSA ORDERS MIZUHO BANK TO SUBMIT PREVENTIVE MEASURES FOR SYSTEM FAILURE
Highlights –
- Japan FSA orders Mizuho Bank to submit preventive measures for system failure.
- Last weekend Mizuho Bank had a major system failure at their ATMs around the country.
- The problem resulted in over 4,300 ATMs failing to funct...
MIZUHO BANK RESTORED ITS ATM SERVICES ON MONDAY
Highlights –
- Mizuho Bank restored its ATM services on Monday.
- The bank’s ATM system failure prevented customers from withdrawing cash from machines across the country.
- The bank is said to conduct a third-party investigation.
JAPAN GOVERNMENT PLANS TO GIVE TAX INCENTIVES TO FOREIGN RESIDENTS IN THE COUNTRY
Highlights –
- Japan government plans to give tax incentives to foreign residents in the country.
- The plan comes with respect to turning the country into an international financial hub.
- The Cabinet is expected to approve the government&...
TOKYO BOURSE TO SUBMIT A REPORT TO FSA OVER THE CAUSE FOR SUSPENSION OF TRADING
Highlights –
- Tokyo bourse to submit a report to FSA over the cause for suspension of trading.
- A compilation report explaining the cause of the above that happened earlier this month.
- The Tokyo bourse had suspended trading on Oct.1.