The Financial Services Agency (FSA) has begun adjustments to request a record budget of approximately 40 billion yen for fiscal year 2027, aiming to enhance digital responsiveness in financial administration. This was revealed on the 24th through reports by Nikkei and Kyodo News, indicating an increase of about 60% compared to the previous fiscal year.
In the realm of digital investments, the FSA plans to develop a market surveillance and monitoring infrastructure utilizing artificial intelligence (AI). This is in addition to bolstering cybersecurity measures for financial institutions and preparing for potential threats posed by quantum computers...