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Financial Services Agency ("FSA") remains firmly convinced that there is no need to make any significant alteration to its twin policies of Better Market Initiative and Better Regulation
We know little of the detail of the DPJ's plans for financial sector regulation but the themes and priorities are apparent from recent comments by Prime-Minister-designate Yukio Hatoyama, in the DPJ's policy statement "Index 2009" and in the backgrounds of the shadow financial affairs spokesmen, who are likely to become the future ministerial team
Inadequate protection and redress for financial sector retail consumers is, in the eyes of Japan's Financial Services Agency ("FSA"), a barrier to the development of Japan's capital markets and domestic trust in those capital markets
