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Japan’s Financial Services Agency Seeks Feedback on Bank Earthquake Response Guidelines

The FSA (Japan financial regulator) has opened public comment on proposed revisions to major bank supervision rules to address potential Nankai Trough earthquake scenarios.

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Terms & Concepts
  • FSA (Japan financial regulator): The Financial Services Agency oversees and regulates Japan’s banking, securities, and insurance sectors.
  • Nankai Trough earthquake: A large seismic event expected along the Nankai Trough fault off Japan’s southern coast, known for its high tsunami and damage potential.
  • Supervision guidelines: Regulatory directives issued to financial institutions detailing compliance requirements and operational risk management practices.