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Japan FSA to Form Team to Regulate Audit Firms in FY23: Nikkei

Aug. 24, 2022, 11:29 PM UTC
Yuri Nagano
Yuri Nagano
Editor
Ryotaro Nakamaru
Ryotaro Nakamaru

Japan’s Financial Services Agency will create a team to regulate audit firms in fiscal 2023, Nikkei reports without attribution.

  • Industry currently self-regulated by the Japanese Institute of Certified Public Accountants; will revise relevant law to strengthen government oversight
  • Will include move in its personnel request for fiscal 2023

To contact the reporter on this story:
Ryotaro Nakamaru in Tokyo at rnakamaru1@bloomberg.net

To contact the editors responsible for this story:
Yusuke Miyazawa at ymiyazawa3@bloomberg.net

Gareth Allan

© 2022 Bloomberg L.P. All rights reserved. Used with permission.

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