Komori
Japan Post Bank (7182) · RiskMaterialised

Failure to Obtain Manager Approval for Mutual Fund Sales to Elderly Customers

First written in FY2020. 1 of 1 entries say "Materialised", first in FY2020. Latest entry: FY2020.

1entries
1years
0from disclosures
Share on X
How it moved
Same theme, other companies
Deficiencies in approval procedures for selling mutual funds to elderly customersA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2020MaterialisedAnnual report

    「A case occurred at the Bank Group and Japan Post Co., Ltd. in which the required pre-solicitation approval by a manager, among the approvals required under internal rules before soliciting and before accepting applications, was not obtained in connection with the sale of investment trusts to elderly customers.」

    An incident occurred in which the required pre-solicitation approval under internal rules was not obtained for mutual fund sales to elderly customers. The document also describes measures to prevent recurrence, including post-incident investigations, follow-up support, training, sales tools and the audit framework.
Moved together

None of this company's other threads moved the same way in the same document twice or more.

When this could move next
No upcoming earnings preview for Japan Post Bank yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.