In the light of the success of the Transatlantic Corporate Governance Dialogue (TCGD) which since 2004 has been a significant forum for engaging in forward-looking discussions of corporate governance issues on both sides of the Atlantic, the European Commission asked the ECGI, TCGD's European partner, to examine the possibility of establishing a parallel initiative between Europe and Asia.
To investigate an optimum way forward, a symposium took place in Tokyo in early December 2011 hosted by the University of Tokyo under the auspices of the Japanese Financial Services Agency. The symposium concluded that a series of conferences, hosted in Asia and Europe would be both feasible and effective in meeting the original aspirations of this initiative.
The inaugural conference in the EU Asia dialogue series took place in at the Financial Services Agency, Tokyo on Friday, 6th July 2012. The theme of the conference, which was organised by the University of Tokyo and the ECGI, was Comparing Regulatory Reforms and Market Practices. Opening remarks were given by Hans Dietmar Schweisgut, Ambassador of the European Union to Japan. The conference was followed by a reception, hosted by the Tokyo Stock Exchange at which Mr. Atsushi Saito, President & CEO of the Tokyo Stock Exchange made a welcoming speech.