FISC The Center for Financial Industry Information Systems

About FISC

FISC Introduction

Outline of FISC

FISC (The Center for Financial Industry Information Systems) was established in November 1984 as an incorporated foundation under the approval of the then Minister of Finance. In April 2011, FISC was approved by the Prime Minister to change its classification to become a public interest incorporated foundation.
The contributors are of wide range including financial institutions, insurance companies, securities firms, computer manufacturers and telecommunications companies.
FISC conducts research on diverse topics, such as technology, utilization, control and threat/defense related to financial information systems, paying attention not only to the current situation at home and abroad but also to the confronting issues and the future prospects.
Research activities are carried out by the staff, most of whom are seconded from the member institutions. Collaboration with domestic and foreign financial institutions, manufacturers, settlement bodies, research institutions, academics and specialists enriches research contents. Knowledge and information gained from research activities, through the process of consolidation, analysis and valuation, develop into various guidelines such as "Security Guidelines on Computer Systems for Banking and Related Financial Institutions" and various research papers. These fruits are presented to the public through publication and seminars.

Date of establishment November 20,1984
Fund
Original contribution : 1,725 million yen
Endowment : 1,640 million yen
Number of member institutions 669(As of May 31,2022)
Organization
President : Mitsutaka Inagaki
Board of Councillors : 18members
Board of Directors : 18members
Auditors : 2
Staff : 51
(As of May 31,2022)

Organization Chart

Establishing guidelines

In collaboration with its member institutions, the Financial Services Agency and the Bank of Japan, FISC has established the following guidelines for the promotion of security measures on financial institutions information systems. These guidelines have been voluntarily observed by most financial institutions in Japan.

  • 1FISC Security Guidelines

    In order to promote security measures for financial institutions, FISC established "FISC Security Guidelines on Computer Systems for Banking and Related Financial Institutions" in 1985.
    These guidelines were revised in 1991, 1998, 2000, 2001, 2003, 2006, 2011, 2018, 2019, 2020, 2021 and 2022 to reflect the changing environment.

  • 2FISC System Audit Guidelines for Financial Institutions

    FISC established "FISC Information System Audit Guidelines for Banking and Related Financial Institutions" in 1987.
    These guidelines were regarded as the basic standards for auditing of computer systems operation and internal controls to keep computer systems secure, reliable, and efficient.
    The guidlines were amplified in volume in 2000.and revised in 2007,2014,2016 and 2019.

  • 3Manual for the Development of Contingency Plans

    Developing contingency plans is one of the most important security measures for financial institutions.
    FISC published "Manual for the Development of Contingency Plans" in 1994, which summarizes development procedures of contingency plans.
    This manual was revised in 2001 and 2006, incorporating lessons learned from earthquakes.

  • 4FISC Guide for Developing Security Policy

    FISC published "Guide for Developing Security Policy for Financial Institutions" in 1999, which explains organizations and procedures for developing security policies and standards.
    In 2008, this guide was revised to reflect the latest issues.

  • 5The Guide for Financial Institutions to Implementing TLPT

    In order to improve cyber resilience of financial institutions, "The Guide for Financial Institutions to Implementing TLPT" was published in 2019.

Regarding the judgment of conformity to FISC guidelines

  1. FISC will not judge whether systems, operations, etc. relating to specific companies / organizations / institutions conform to FISC guidelines.
  2. FISC is not responsible for the results of any third party making such judgment, nor will it express an evaluation, opinion or judgment on the judgment method / content and results.

For details, please contact the General Affairs Department Division.

E-mail: infofisc * fisc.or.jp
Please replace the asterisk "*" in the mail address with an at sign @.

Research

FISC conducts research on diverse topics related to financial information systems. Research results are presented to the public mainly through "White Paper on Financial Information Systems" (annual) and "Financial Information Systems" (semiannual).

Publications in English

The followings are published in English.

    • 1Free Copy
      1. API Connection Checklist for Financial Institutions and API Connection Partners

        English translation based on the Japanese original published on September 27, 2019.

        API Connection Checklist Manual <October 2018 edition> September 27, 2019 Partial revision
        API Connection Checklist (Format) <October 2018 edition> September 27, 2019 Partial revision

      2. Report of the Council of Experts on FinTech in Financial Institutions

        This is the English version of original report which was released in June 2017.

        Report of the Council of Experts on FinTech in Financial Institutions

      3. Report of the Council of Experts on Outsourcing in Financial Institutions

        This is the English version of original report which was released in June 2016.

        Report of the Council of Experts on Outsourcing in Financial Institutions

      4. Report of the Council of Experts on the Usage of Cloud Computing by Financial Institutions

        This is the English version of original report which was released in November 2014.

        Report of the Council of Experts on the Usage of Cloud Computing by Financial Institutions

      5. Report of the Council of Experts on Countermeasures Against Cyber Attacks on Financial Institutions

        This is the English version of original report which was released in February 2014.

        Report of the Council of Experts on Countermeasures Against Cyber Attacks on Financial Institutions

    • 2Paid Distribution
      1. FINANCIAL INFORMATION SYSTEMS IN JAPAN 2014

        Price : JPY 3,000
        This report explains the latest trends regarding financial information systems; current conditions of computer systems and delivery channels utilized by financial institutions; the outlines of mutual networks amongst financial institutions; the outlines of FISC Security Guidelines and FISC Information System Audit Guidelines; and more.

      2. FISC Security Guidelines on Computer Systems for Banking and Related Financial Institutions
        (Ninth Edition)
        Price : JPY 16,500
        This is the English version of Ninth Edition which was published in December 2018.

        (Ninth Edition (Revised) )
        Price : JPY 16,500
        This is the English version of the Ninth Edition (Revised) which was published in June 2019.

        (Ninth Edition (Revised March 2020) )
        Price : JPY 16,500
        This is the English version of the Ninth Edition (Revised March 2020) which was published in October 2020.

      3. Manual for the Development of Contingency Plans in Financial Institutions (Plans for Measures in the Event of Emergencies)

        Price : JPY 13,000
        This is the English version of the Third Edition which was published in March 2006.

      4. Manual for the Development of Contingency Plans in Financial Institutions (Plans for Measures in the Event of Emergencies)(Third Edition Supplement 3)

        Price : JPY 9,000
        This is the English version of revised supplements version 3 to Third Edition which was published in May 2017.

      5. The Guide for Financial Institutions to Implementing TLPT (First Edition)

        Price : JPY 4,800
        This is the English version of First Edition which was published in June 2020.

      6. FISC System Audit Guidelines for Financial Institutions (First Edition)

        Price:JPY 4,300
        This is the English version which was published in November 2021.

To purchase the English publications above, please follow the procedures below.

Reprinting or processing FISC's work is an act of infringing its copyright.
If you wish to reprint FISC's work, please contact FISC in advance.
Please note that we do not approve the use of the FISC logo for third parties in principle.
For details, please contact the General Affairs Department Division.

E-mail: infofisc*fisc.or.jp
Please replace the asterisk "*" in the mail address with an at sign @.

Access

Address 4th Floor, Sumitomo Irifune Bldg. , 2-1-1 Irifune, Chuo-ku, Tokyo, JAPAN
Tel +81-3-5542-6060
Fax +81-3-5566-1052
E-mail infofisc*fisc.or.jp
Please replace the asterisk "*" in the mail address with an at sign @.