Representatives from the securities industry and the capital markets in the US and Japan discussed the progress and issues that lie ahead.
”(New York, US – Tokyo, Japan) Top representatives from the securities industry and capital markets in the US and Japan gathered at the SIFMA Conference Center in New York yesterday. They discussed and examined the achievements so far of “Abenomics”, the Japanese government’s economic strategy to put the country on a sustainable growth path, as well as the challenges that lie ahead due to demographic changes. The Japan Securities Summit is a unique event co-organized by the Japan Securities Dealers Association (JSDA) and the Securities Industry and Financial Markets Association (SIFMA).
At the beginning of the event, Mr. Kazutoshi Inano, Chairman and CEO of the JSDA remarked: “Indeed, both Japan’s economy and the world economy have reached a crucial juncture in shaping the future. The securities market is expected to play an important role in tackling this difficult but unavoidable policy agenda by making full use of the potential and vitality of this country through the efficient allocation of capital and resources. In this sense, the successive introduction of the “stewardship code” and “corporate governance code” along with a number of initiatives prompting listed companies to raise their corporate value are important and are encouraging steps to enhance the integrity and efficiency of the market”. He also expressed his expectations for more constructive collaboration from both countries……..”
Read full article here:http://www.sifma.org/newsroom/2016/is-japan%E2%80%99s-revitalization-real-and-sustainable_/
Source: the Securities Industry and Financial Markets Association (SIFMA).