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The Japanese Financial Services Authority issued its program for “Further Financial Reform -
The content of the programme includes:
1. Institution building to enhance users' convenience drawing out private-sector vitality, and development and thorough implementation of user protection rules. (Emphasis on users' needs and thorough implementation of user protection rules)
2. Strategic use of IT for strengthening the competitiveness of financial institutions and further developing financial infrastructure.
3. Further development of a financial system which is internationally open and a financial administration with an international perspective.
4. Establishment of a financial system which contributes to the realization of vibrant regional economies. (Contribution to regional economies)
5. Establishment of a reliable financial administration that complements market discipline.
Program for Further Financial Reform