X-Nico

3 unusual facts about Financial Services Agency


Hanzawa Naoki

The hotel suffered a loss of 12 billion yen and with an FSA (Financial Services Agency) inspection coming up, the bank may potentially have to provide a loan loss provision of 150 billion yen should Iseshima Hotel be labelled bankrupt.

Kasumigaseki Common Gate

The lower half of the building is a governmental floors and is occupied by Financial Services Agency.

Mitsubishi UFJ Financial Group

However, pressure from Japan's Financial Services Agency, which wanted to ensure the smooth systems integration of the two banking giants, caused the merger of the banks to be postponed for three months.


G.Communication

In October 2006, the Financial Services Agency ordered G.Communication to pay a ¥390,000 fine for insider trading after purchasing shares of one of its subsidiaries that was planning a capital increase before the information became public.


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