Financial Services Agency All applications and notifications from financial institutions go online October 15th, 10:30

In order to promote the digitization of administrative procedures, the Financial Services Agency will bring over 1,700 procedures, such as applications and notifications from financial institutions, which had been accepted in paper, to online by the end of next year.

The Financial Services Agency accepts more than 1,700 applications and notifications from financial institutions such as banks, insurance companies, and securities companies, but most of them are paper-based, and only about 9% are online. ..



For this reason, the Financial Services Agency has decided to bring all procedures online within the next fiscal year in order to further promote the digitization of administrative procedures.



Specifically,


▽ procedures for opening bank stores and changing business hours


,


submission of financial statements from financial institutions,

▽ application for registration of "electronic payment service" operators that handle services such as payment through smartphones Etc. are targeted.



The Financial Services Agency has a policy of promoting digitization while ensuring the safety of the system in cooperation with private IT companies, and in addition to streamlining administrative procedures, it also wants to prevent infection with the new coronavirus. ..