The US Securities and Exchange Commission and Japan’s Financial Services Agency held their autumn regulatory dialogue in Tokyo on 19 October. Their announcements, issued on 20 October, describe discussions on public and private markets, asset management and financial innovation.[1][2]
Meeting and publication dates
| Milestone | Date or place |
|---|---|
| Dialogue | 19 October 2026, TokyoSource 1Source 2 |
| Agency announcements | 20 October 2026Source 1Source 2 |
| Senior participants | SEC Commissioner Mark Uyeda and FSA Vice Minister for International Affairs Miyoshi ToshiyukiSource 1Source 2 |
| Next planned dialogue | Washington, DC, spring 2027Source 1Source 2 |
Dialogue does not change a firm’s permissions
The announcements describe an exchange of views and continued cooperation. They do not set out a new rule, mutual-recognition arrangement, broker licence or general cross-border passport. Nor do they establish that the agenda has widened relative to a defined earlier meeting.[1][2]
For a firm active in both jurisdictions, discussion of a common subject can be relevant without producing identical regulatory treatment. Asset-management supervision, private-market disclosure and technology policy can each involve different institutions and legal requirements. A later consultation, rule or formal arrangement would be the document that establishes a specific change.
The confirmed outcome is a completed bilateral meeting and a stated intention to reconvene. The planned Washington session provides a dated follow-up point without implying that any particular policy convergence has already been agreed.
Sources & further reading
- SEC and FSA Hold Autumn Financial Regulatory Dialogue US Securities and Exchange Commission · 20 Oct 2026 · Accessed 27 Oct 2026
- Autumn SEC–FSA Financial Regulatory Dialogue Financial Services Agency of Japan · 20 Oct 2026 · Accessed 27 Oct 2026