The Securities and Exchange Commission and Japan's Financial Services Agency convened their Spring Financial Regulatory Dialogue in Tokyo on February 27, 2026, continuing a longstanding bilateral initiative focused on cross-border regulatory cooperation and coordination on key capital markets issues.

The dialogue aimed to strengthen collaboration between the two authorities on cross-border regulatory matters and recent market developments. Participants exchanged views on various regulatory and supervisory issues, with particular attention to developments in cryptocurrency and digital assets, according to the agencies' joint announcement.

SEC Commissioner Mark T. Uyeda led the U.S. delegation, while Mr. MIYOSHI Toshiyuki, Vice Minister for International Affairs at the FSA, represented Japan. The dialogue also explored opportunities for closer coordination in multilateral forums and discussed the strategic priorities of both regulatory authorities.

The SEC-FSA Dialogue represents part of broader international regulatory cooperation efforts as financial markets become increasingly interconnected and cross-border transactions grow more common. The focus on crypto and digital assets reflects ongoing regulatory attention to these emerging financial technologies across global markets.

"The Dialogue between the SEC and the FSA reinforces and grows one of our most important capital market relationships," said SEC Commissioner Mark T. Uyeda. "Our work with colleagues across the Pacific is critical to protecting investors and I look forward to future opportunities for cooperation between our authorities." Mr. MIYOSHI Toshiyuki added that the dialogue "has further strengthened the longstanding and robust partnership between our two authorities."

The agencies announced that future SEC-FSA Dialogues are scheduled for fall 2026 in Tokyo and spring 2027 in Washington, D.C. The regular cadence of these meetings underscores the ongoing commitment to bilateral regulatory cooperation between the two major financial markets.