The Financial Services Agency (FSA) has released the “Climate-Related Scenario Analysis － Next Step in the Banking Sector ”

Here is a summary of the provided document:

The Financial Services Agency (FSA) and the Bank of Japan (BOJ) have been working together to conduct climate-related scenario analysis in the banking sector. In FY2021, they conducted a pilot exercise using common scenarios with three major banks. In August 2022, they published a summary of subsequent initiatives related to this scenario analysis, including efforts to promote sustainable finance.

The FSA and BOJ have established a Macro-financial Stability and Data Strategy Office to develop strategies and analyze data for financial stability. They have also created an Open Policies Council to facilitate discussion and information sharing among stakeholders.

The FSA has a range of resources available on its website, including press releases, public relations materials, and laws and regulations. The website also provides information on regulated institutions, including lists of institutions and statistics on high-speed trading.