The Basel Committee on Banking Supervision's "Principles for effective risk data aggregation and risk reporting" mandate that data governance regimes be established by not only G-SIBs but also major insurers and major regional financial institutions. A data governance survey of European and American financial institutions has revealed that data lineage mapping is a bottleneck impeding data governance upgrades.

The Japanese government is promoting the importance of active engagement between companies and investors amid a series of governance reforms, most notably including the Corporate Governance Code and Stewardship Code. Does such engagement differ from investor relations (IR) as currently practiced by Japanese companies? NRI's Sadakazu Osaki spoke with Yoshiko Sato, Executive Managing Director of the Japan Investor Relations Association, about IR's value and IR best practices going forward.