[{"data":1,"prerenderedAt":91},["ShallowReactive",2],{"news-\u002Fnews\u002Fjapan-fsa-study-group-urges-banks-start-now":3},{"id":4,"title":5,"author":6,"authorTitle":7,"authorUrl":8,"body":9,"canonical":8,"category":43,"date":44,"description":45,"draft":46,"extension":47,"faqs":48,"findingsSource":8,"geo":58,"image":60,"industries":61,"keyFindings":8,"meta":64,"modified":65,"navigation":66,"path":67,"pullquote":8,"recommendations":8,"references":68,"related":72,"seo":79,"seoTitle":80,"signposts":8,"slug":81,"stats":8,"stem":82,"tags":83,"tldr":89,"__hash__":90},"news\u002Fnews\u002Fjapan-fsa-study-group-urges-banks-start-now.md","Japan FSA Study Group Urges Banks to Start Post-Quantum Work Now","ArcQubit Team","",null,{"type":10,"value":11,"toc":39},"minimark",[12,17,24,27,30,33],[13,14,16],"h2",{"id":15},"japan-fsa-study-group-urges-banks-to-start-post-quantum-work-now","Japan FSA study group urges banks to start post-quantum work now",[18,19,20],"p",{},[21,22,23],"strong",{},"26 NOVEMBER 2024, TOKYO",[18,25,26],{},"A study group convened by Japan's Financial Services Agency urged banks on 26 November 2024 to start post-quantum work now. The group recommended a cryptographic inventory, investment in crypto agility, and a phased approach that targets the mid-2030s for priority systems. The message puts the emphasis on beginning immediately rather than waiting for a quantum computer to appear.",[18,28,29],{},"The study group's report is guidance rather than a binding rule, but it signals the direction the agency expects. Japanese banks should read it as a strong supervisory expectation that could harden into firmer requirements over time, much as voluntary guidance in other jurisdictions has preceded formal rules.",[18,31,32],{},"Putting the inventory first reflects the practical order of the work. A bank cannot migrate cryptography it has not located, so mapping where and how cryptography is used provides the foundation. Every later step, prioritising systems, building crypto agility and migrating in phases, depends on having that picture of the starting point.",[18,34,35,38],{},[21,36,37],{},"Why it matters."," The FSA study group gives Japanese banks a clear, practical starting sequence: inventory first, then crypto agility, then phased migration toward the mid-2030s for priority systems. Because it comes from the financial supervisor's orbit, banks should treat it as more than optional advice. Those that begin the inventory now will be ready as the agency's expectations firm up and the sector's 2035 horizon approaches.",{"title":7,"searchDepth":40,"depth":40,"links":41},2,[42],{"id":15,"depth":40,"text":16},"Policy","2024-11-26","A Japan FSA study group urged banks in November 2024 to start post-quantum work now, recommending inventory, crypto agility and a phased approach.",false,"md",[49,52,55],{"q":50,"a":51},"What did the FSA study group recommend?","The study group recommended that banks start now with a cryptographic inventory, build crypto agility, and take a phased approach, targeting the mid-2030s for priority systems. It frames post-quantum readiness as work to begin immediately rather than later.",{"q":53,"a":54},"Is the FSA recommendation binding?","The study group's report is guidance rather than a binding rule. It signals the direction the Financial Services Agency expects, so Japanese banks should treat it as a strong supervisory expectation that may harden into firmer requirements over time.",{"q":56,"a":57},"Why start with an inventory?","A bank cannot migrate cryptography it has not located, so an inventory of where and how cryptography is used is the foundation. The study group puts it first because every later step, prioritisation, crypto agility and phased migration, depends on knowing the starting point.",[59],"tokyo","\u002Fassets\u002Fog-default.png",[62,63],"Financial Services","Cross-Sector",{},"2026-08-24",true,"\u002Fnews\u002Fjapan-fsa-study-group-urges-banks-start-now",[69],{"label":70,"url":71},"Financial Services Agency of Japan, \"Study group report on post-quantum cryptography for financial institutions,\" Nov. 26, 2024.","https:\u002F\u002Fwww.fsa.go.jp\u002Fen\u002F",[73,76],{"label":74,"url":75},"Japan Sets a 2035 Government Post-Quantum Target","\u002Fnews\u002Fjapan-sets-2035-government-pqc-target",{"label":77,"url":78},"G7 Financial-Sector Post-Quantum Roadmap Targets 2030 to 2032","\u002Fnews\u002Fg7-financial-sector-post-quantum-roadmap-2030-2032",{"title":5,"description":45},"Japan FSA Study Group Urges Banks to Start Now","japan-fsa-study-group-urges-banks-start-now","news\u002Fjapan-fsa-study-group-urges-banks-start-now",[84,85,86,87,88],"financial services","cryptographic discovery","crypto-agility","quantum readiness","for enterprises","A Japan FSA study group urged banks in November 2024 to start post-quantum work now, recommending inventory, crypto agility and a phased approach into the mid-2030s.","WBz1I_-EKRNsjjCht9O-oCMAhQZy1eaBggpP6aVETWc",1792182886946]