The Japan Financial Services Agency has updated its disclosure on initiatives by major financial institution groups under the government's asset management policy, publishing the status of firms' enhancement plans on investment capabilities, governance and systems. The update also explains how financial business operators that have already formulated and published such plans can be added to the initiative status list. The enhancement plans are expected to position the asset management business within management strategy and set measures to improve investment capabilities, governance and operational systems. To be included on the Financial Services Agency list, an operator must publish its plan on its own website and submit the prescribed report form to the agency.