This is a comprehensive report compiled by the Securities and Exchange Surveillance Commission summarizing the overview and cases of securities monitoring in FY2024 (covering FY2016 to FY2024).
This report compiles and publishes the issues identified through inspections of financial instruments business operators and others that began in FY2015. Starting from FY2016, the Commission began risk-based selection of inspection targets based on risk assessment results in monitoring, and accordingly added descriptions of monitoring initiatives and case studies, publishing them as the Securities Monitoring Overview and Case Studies.
The Securities and Exchange Surveillance Commission hopes that this report will be widely read to deepen understanding of the Commission's activities, and that financial business operators and others will utilize it for voluntary initiatives to enhance and strengthen their internal management systems. The report also includes cases of fraudulent investment solicitation by unregistered operators, with the expectation that it will contribute to preventing investor damage.
The Securities and Exchange Surveillance Commission changed its securities inspection business year from July to the end of June of the following year starting in FY2016. Therefore, "FY2024" in this case study collection refers to "the period from July 2024 to the end of June 2025." Regarding inspection findings, the report includes major individual cases where the Securities and Exchange Surveillance Commission and Regional Finance Bureaus made recommendations and findings during inspections conducted from July 2020 to the end of June 2024.
The article demonstrates that this is important material created to enhance transparency of the Securities and Exchange Surveillance Commission's monitoring and inspection activities and to promote voluntary strengthening of internal management systems in the financial industry.