JP
Securities and Exchange Surveillance Commission (SESC)
Japanese collegiate body within the FSA enforcing compliance with financial regulations.
REGULATOR PROFILE
- Regulator: Securities and Exchange Surveillance Commission (SESC)
- Jurisdiction: JP
- Statutory Role: Japanese collegiate body within the FSA enforcing compliance with financial regulations.
- Indexed Cases: 3 enforcement actions in this jurisdiction.
PRIMARY ENFORCEMENT ACTIONS IN JP
3 ACTIONS| Case Title | Status | Primary Scheme | Overstatement | Total Penalties | Action Date |
|---|---|---|---|---|---|
| Toshiba Corporation: $1.9B 'Challenge' Pressure Profit Inflation | ADJUDICATED | premature recognition | $1.9B | $62.0M | September 20, 2017 |
| Olympus: 20-Year 'Tobashi' Scheme Concealing $1.7B Investment Losses | ADJUDICATED | acquisition accounting abuse | $1.7B | $92.0M | September 20, 2018 |
| Kobe Steel: Systematic Falsification of Quality Certificates for Decades | ADJUDICATED | material omission | $100.0M | $0 | September 20, 2019 |