Japan

This group addresses GRC issues as they arise within Japan and affect Japan based multi-national organizations. Participation is welcome both from individuals based in Japan and those who have some responsibility for or oversight of Japan based operations.

Japan
Japan Focus resource Books / Publications Member contributionOCEG Reviewed

Japan Focus is a peer-reviewed electronic journal and fully-indexed webzine on Japan and the Asia Pacific. Ranging widely across the geopolitics, political economy, history, society, culture, and international relations of the Asia Pacific, it offers researchers, journalists, students and analysts regional and global perspectives on contemporary issues and conflicts.

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GRC Technology Solutions Guide v. 2.1 resource Guides  OCEG Reviewed
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The GRC Technology Solutions Guide  identifies and defines categories of  technology  that have a role in supporting the GRC system and specifically the Elements of the GRC Capability Model™. The Guide categorizes these Technology Categories by:

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Japan: Ministry of Economy, Trade and Industry (METI) - White Papers & Reports resource Agency Web Sites OCEG Reviewed

The Ministry of Economy, Trade and Industry (METI) was greated in 2001 and includes the following bureaus: the Economic and Industrial Policy Bureau, the Trade Policy Bureau, the Trade and Economic Cooperation Bureau, and the Industrial Science and Technology Policy and Environment Bureau.

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Asia Risk Magazine resource Books / Publications OCEG Reviewed

Published by Incisive Financial Publishing Limited (UK.) Posted at Risk.net.

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Japan: The Corporate Governance Study Group Report (METI, 2009) resource Research / Studies OCEG Reviewed

Introduction: The Corporate Governance Study Group was established in December 2008 as a study group under the Director-General of the Economic and Industrial Policy Bureau of the Ministry of Economy, Trade and Industry (METI). The further globalization has progressed in recent years, the more important the issue of corporate governance has become.

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Tokyo Stock Exchange (TSE) Listed Companies White Paper on Corporate Governance 2011 resource White Papers OCEG Reviewed

TSE conducted a comprehensive analysis of the current corporate governance situation of TSE listed companies and issued the "TSE Listed Companies White Paper on Corporate Governance 2011."

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White Paper on Corporate Governance in Japan (ACGA, 2008) resource White Papers OCEG Reviewed

Introduction: This White Paper identifies six key issues in Japanese corporate governance, analyses their relevance, and makes recommendations for improvement. It has been compiled with the support and input of a large number of global institutional investors, most of which have been investing in Japan for many years.

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Tokyo Stock Exchange (TSE) Principles of Corporate Governance for Listed Companies (Rev. Edition 2009) resource Guides  OCEG Reviewed

The Principles of Corporate Governance for Listed Companies were formulated at the TSE in March of 2004 based on suggestions made by the Listed Company Corporate Governance Committee.

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ACGA Statement on Corporate Governance Reform in Japan (December 2009) resource White Papers OCEG Reviewed

This statement is divided into five themes of particular concern to ACGA members:

  • The role of independent directors vis-à-vis “statutory auditors” (Kansayaku)
  • Shareholder meetings and proxy voting
  • Private placements and other capital-raising issues
  • Cross-shareholdings and other equity investments
  • Company-investor dialogue
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Japan: Principles of Corporate Governance (eStandards Forum, Financial Standards Foundation) resource Organizations & Associations OCEG Reviewed

The mission of eStandardsForum is to monitor and report a country's economic, financial, and political conditions. Only information that is public and authoritative is used.

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Tokyo Stock Exchange (TSE) resource Organizations & Associations Member contributionOCEG Reviewed

The Securities and Exchange Law was enacted in March of 1947, and entirely revised in April of 1948. On April 1, 1949, three stock exchanges were established in Tokyo, Osaka and Nagoya. Trading on these exchanges began on May 16.

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Japan, Ministry of Health, Labour and Welfare resource Agency Web Sites Member contributionOCEG Reviewed
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IT Executives Offered Japanese Compliance Rules (August 2, 2007) resource Articles Member contributionOCEG Reviewed
The Japanese version of the Sarbanes-Oxley Act comes into effect April 2008.  
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Corporate Governance and Stock Price Performance During the Financial Crisis: Evidence from Japan (2009) resource White Papers OCEG Reviewed

This research paper discusses how Japan's corporate governance structures in emerging markets affect firms’ stock price performance during the East Asian economic crisis

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Japan's Gradual Transformation in Corporate Governance (April 2008) resource Research / Studies OCEG Reviewed

Discussion of Japan's corporate governance system regarding an approach of gradual transformation in a shareholder-based, post-industrial economy.

Nottage, Luke R., Wolff, Leon T. and Anderson, Kent William Yamanaka, Japan's Gradual Transformation in Corporate Governance (April 2008). Sydney Law School Research Paper No. 08/29; ANU College of Law Research Paper No. 08-03

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Japan, Outline of Proposal of Disclosure Items concerning Corporate Governance (2010) resource National Regulations OCEG Reviewed

The Financial Services Agency is proposing amendments to disclose the following items concerning corporate governance of a company in its securities report. The new rules will be effective on March 31, 2010.

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Publication of the Revision on the Designation of the International Financial Reporting Standards for their Voluntary Application in Japan (2010) resource National Regulations OCEG Reviewed

Introduction: The Financial Services Agency (FSA) completed the public consultation and updated the list of Designated International Financial Reporting Standards (IFRSs), allowing all IFRSs and International Financial Reporting Interpretations Committee (IFRIC) interpretations approved and issued by the International Accounting Standards Board (IASB) on or before December 31, 2009, to be used

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Japan, FSA Newsletter (English Version, Published Monthly) resource Agency Guidances OCEG Reviewed

English translations of Japan's Financial Service Agency's (FSA) monthly newsletter begins with the October 2005 issue.

The FSA Newsletter explains important measures and policies that the Financial Services Agency announced, clarifies laws and ordinances or financial terms and so on.

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OCEG One Minute Poll: Policy Management March 2011 resource OMP - One Minute Poll OCEG Reviewed
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A short research survey of OCEG members about policy management.

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Japan, Financial Services Agency (FSA) (English Version) resource Agency Web Sites OCEG Reviewed

The Financial Services Agency is responsible for ensuring the stability of Japan's financial system, protection of insurance policy holders, depositors, and securities investors.  This includes oversight of financial institutions, securities transactions, business accounting standards and other issues regarding corporate finance.

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IIA Knowledge Briefing: Internal Auditing and the Foreign Corrupt Practices Act resource White Papers OCEG Reviewed

A 2010 Knowledge Briefing paper issued by the Institute of Internal Auditors Audit Executive Center, that addresses the role of Internal Auditors in ensuring anti-corruption prevention and detection efforts satisfy the requirements of the U.S. Foreign Corrupt Practices Act (FCPA).

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Japan, Financial Instruments and Exchange Act, FSA Web Site (English Version) resource Agency Web Sites OCEG Reviewed

Texts, documents and amendments pertaining to Japan's Financial Instruments and Exchange Act, posted at the Financial Services Agency web site.

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