Host Organization: Japan Financial Agency

Internship Period: March 15 – May 9, 2017

I had participated in an internship program at Global Financial Partnership Center, Financial Services Agency (FSA) from March 15-May 9, 2017. This internship program is held annually mainly for financial authorities around the world. Thanks to GRIPS and FSA, it was a rare opportunity for me to experience the real working life in Japan and how the reputable Japanese financial regulator actually worked. The theme of this internship was securities business. Interacting with the real financial regulators and professionals could deepen my understandings and knowledge about Japanese securities business and the roles/operation of the FSA outside the textbooks. Moreover, learning about Japanese securities business and the roles/operation of the FSA in this area are very useful because they can be a good example for further development of Thai capital market.

The structure of the internship consisted of lectures, discussion with experienced financiers, and visiting private company. Throughout the internship, I had gained comprehensive knowledge about Japanese securities business, which included financial instruments, trust business, asset management business, Japan investor protection fund, law related to securities business in Japan and administrative monetary penalty. The topic that I am interested in the most is the trust business. I could learn how the trust business and trust law in Japan developed since the 1920s including the recent trends of the trust business.

It is such a valuable experience for me to participate in this program. Not only that I learned about the securities business in Japan from the experts but I was also able to exchange opinions and build network among participants from around the world. The participants included government officers from Philippines and Brazil. Furthermore, I was able to experience the working atmosphere and culture of Japanese organization. Apart from academic activities, the internship program also arranged extracurricular activities, such as visiting Tohoku prefecture. Last but not least, the staff of the Global Financial Partnership Center was very helpful and friendly.