Corporate Governance
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Compliance
 Our attitude towards compliance | Compliance system at Okasan Securities Co., Ltd. | Internal training system | |
Our attitude towards compliance
We regard compliance as an important management issue. Our auditing department conducts audits of the company and all group companies. In the event an action that contravenes or may contravene a relevant law or the Articles of Incorporation is detected, the director in charge (of internal audits) reports to the board of directors and, where necessary, an appropriate course of action is recommended after deliberation by the board of directors.
Okasan Securities Co., Ltd., is the flagship of our Group and seeks to reinforce and upgrade organizational elements to establish a highly effective compliance system by conducting ongoing compliance programs by rank and position.
Compliance system at Okasan Securities Co., Ltd.
Compliance system
With respect to our compliance system, we upgrade internal regulations and rules to prevent misconduct in the front office through the appointment of sales managers and internal control managers to each sales unit. By conducting internal audits by the internal audit department, we ensure compliance with the Financial instruments and Exchange Law and other applicable laws and regulations, securities investment solicitations and other sales activities, and client management with a comprehensive system of dual checks.
Committees
We established various committees to reinforce our commitment to compliance. In addition to our Compliance Committee and Rules Review Committee to ensure compliance with the Financial instruments and Exchange Law and other applicable laws and regulations, our New Instruments Review Committee assesses new instruments by applying a multi-pronged test of compliance for introducing and handling such instruments in light of marketing factors.
Internal training system
In order to enhance the effectiveness of our compliance system and raise awareness of compliance issues, the Human Resources Development Department provides regular compliance training by rank and position in line with yearly plans. We promote an effective commitment to compliance by obliging participants in our annual company-wide All-Branch Compliance Training program to take verification tests administered by our internal e-learning system after lectures.
