Japan’s FSA Publishes Business Reinforcement Plans for Miyako Shinkin and Shinkin Central Bank
The regulator released plans submitted by the institutions under the Act on Strengthening Financial Functions to bolster regional financial stability.
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Terms & Concepts
Financial Services Agency (FSA): The Japanese government agency responsible for overseeing banking, securities and exchange, and insurance sectors to ensure the stability of the financial system.
Shinkin Bank: A type of cooperative regional financial institution in Japan that serves local small to medium-sized enterprises and residents.