Comment letter to the PCAOB

2803-28?g?D?h -?T--2003e-- FINANCIAL SERVICES AGENCY GOVERNMENT OF JAPAN 3-1-1 Kasumigaseki Chiyoda-ku Tokyo 100-8967 Japan P Propos al of Registration System for Public Accounting Firms (PCAOB SirAs the Director for International Financial Markets of the Financial ServicesFSA Agency of Japan ( I am pleased to submit this letter on behalf of the FSA in response to the request of the Public Company Accounting Oversight Board for comments on its Proposal of Registration System for PublicAccounting Firms al under the Sarbanes Oxley Act of 2002 as contained in appreciate that the recognizes that the r egistration of foreign public accounting firms may raise special issues that are not present in the case of U.S. firms , and that it will convene a public roundtable on March 31, 2003 concerning the registration of foreign public accounting firms and seek t he views of interested persons on whether its registration requirements should be modified. While the Proposal seems to seek views of interested persons on the issuesincluding the appropriate scope of the Board's oversight of U.S. publicnting firms, we would like to point out , first and foremost, our position that it is not appropriate for the Proposal include U.S. public accounting firms in itsand require them regist with the As we have been respectfullyrequest ing the Securities and Exchange Commission ("SEC") to provide an appropriate ...