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Asia-Pacific

Japan FSA Issues Proposal to Revise Corporate Governance Code

The changes will improve board independence, promote board diversity, and enhance climate-related and ESG disclosures by top-tier listed companies.

A council of experts established by the Tokyo Stock Exchange (TSE) and the Financial Services Agency (FSA) has published proposed revisions to Japan’s Corporate Governance Code and the Guidelines for Investor and Company Engagement. The Corporate Governance Code was compiled in 2015 and revised in 2018, while the Guidelines for…

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