ACGA Response to Proposed Japan Corporate Governance Code Revisions

ACGA submitted comments to Japan's Financial Services Agency on proposed CG Code revisions, commending the effort to streamline the code toward a principles-based approach that puts board decision quality and capital allocation accountability at the centre of governance reform. The submission reinforces the APAC-wide shift from compliance-oriented governance to value-creation-oriented board decision-making. For SEA founders and CEOs, this signals that regional regulators are increasingly judging boards on the quality and transparency of their strategic decisions, not merely their procedural compliance.