The FSA flinches

摘要

Weekly manga magazines such as Shonen Magazine, which targets males in their late teens and early twenties, are fairly barren when it comes to advertisements. That makes the glossy ads they carry for consumer-finance companies stand out. That Japanese youths are being persuaded borrowing money is easy is one reason why the Financial Services Agency (FSA), the banking watchdog, and a subcommittee on consumer-finance reform within the ruling Liberal Democratic Party (LDP) have been working on what was meant to be one of the most thorough overhauls the industry has undergone.