Deputy Prime Minister and Finance Minister TSE's report Contents scrutinized and examined administrative sanctions, etc. October 20, 12:47
Deputy Prime Minister and Minister of Finance Aso scrutinized the contents of the report at a press conference regarding the fact that the Tokyo Stock Exchange and others submitted a report to the Financial Services Agency that included measures to prevent the recurrence of system troubles. He expressed his intention to consider administrative sanctions.
Due to a system trouble on the 1st of this month, when trading of all stocks was suspended all day, the Tokyo Stock Exchange and others submitted a report to the Financial Services Agency that included measures to prevent recurrence, and a new one to promptly resume trading. We have clarified the policy to develop the rules within this year.
Regarding this, Deputy Prime Minister and Finance Minister Aso said at a press conference after the Cabinet meeting, "We are scrutinizing the contents of the report. Prevention of recurrence is the most important, and we will take appropriate measures from that perspective." After scrutinizing the contents of the report in detail, he expressed his intention to consider administrative sanctions.
On the other hand, regarding the fact that the Financial Services Agency has decided to carry out an on-site inspection on the TSE soon, he said, "I can't say that I have to scrutinize the contents of the report."
Chief Cabinet Secretary Kato "Verify and Prevent Recurrence"
At a press conference after the Cabinet Secretary, Chief Cabinet Secretary Kato said, "It is very regrettable that a failure occurred due to a system setting error and the investor's trading opportunities were restricted, and the trading could not be resumed immediately. It is necessary to thoroughly verify and prevent recurrence. At this point, I am aware that the Financial Services Agency is scrutinizing the TSE report, but I have no comments on specific matters such as on-site inspections. I want to withhold it. "