We believe that compliance is not something to be built, but something to be designed.
  Simply setting rules and trying to get people to comply with them in the company, you would lack something important. That is the comfort and ease of use required for  excellent design.
  Until now, compliance in financial institutions have been established and based on the FSA's "Inspection Manual" and "Guidelines", tracing the dos and don’ts written in  these documents one by one and formulating internal rules and systems.

  However, both the FSA and financial institutions have gradually come to realize that such compliance does not function sufficiently and efficiently in the actual workplace.
  In addition, the environment surrounding the financial business world is changing rapidly. Facing global business development and the rapid complexity of business operations, it has been brought to light that the traditional uniform and fixed "compliance system" has prevented financial institutions from  keeping up with the speed of change and from conducting internal risk management and appropriate business strategies .
  In response to this reality, the FSA has announced that it shouldabolish its Inspection Manual and improve its inspection methods, which had tended to focus on "formality, the past, and parts," and that the FSA shift to dynamic supervision that is oriented toward "substance, the future, and the whole".

  In other words, the FSA stance of supervision has been changed to  be "principle-based" with their emphasis on dialogue with financial institutions, while encouraging them to develop their own creative compliance systems.
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