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  ISSUE 18/2018 30 July 2018 
Dear !*TITLE*! !*LASTNAME*!,

It has been an incredibly hot month almost wherever you have been, on holiday or working. So the rain on the weekend in most of Japan felt for many as a relief. But the heat is back so stay cool!

The autumn season starts off with our traditional Yakatabune (river boat) Cruise on Friday, 31 August. We have about 20 slots left so I am sure we are going to be "sold-out". So if you have not signed up yet, do so soonest. More information below!

The registrations for the 16th Mercedes-Benz - Cole Haan Cup, played on Friday, 5 October, has been opened. This event will definitely be sold out. Even though it is more that two months to the event, we have only 15 slots left out of the 72 available in the EU team. Event details below.

Enjoying some cooler weather in Karuizawa, our "Aoyama View" columnist has made a new contribution. This time titled "While We Were On Holidays ".

Click banner at right to for an excellent summary of what has happened in Japan and globally during the summer.

Friday, 31 August - FCCJ Yakatabune Event
Finnair AY4159 - Finn Tour FT4120 Code Share Cruise

Based on the success of last eight year's cruises we have again decided to start off the FCCJ Autumn season in style and with some great fun, please join us for the Finnair AY4159 - Finn Tour FT4120 Code Share Yakatabune Cruise on Friday, 31 August. Thanks to our sponsors, the participation fee for members and their guests is substantially subsidized.

We have chartered our own Yakatabune boat. It starts at Asakusa touring down Sumida River to Odaiba and back in 2.5 hours. During the cruise you could enjoy a great Japanese tempura-sashimi dinner and drinks in the "all-you-can-eat & drink" style. For images from last year's event, click here.

Date & Time:Friday, 31 August, 18.30-21:00
Embarkation:Funayado Miuraya, 1-1-10, Asakusabashi, Taito-ku , Tokyo
Cost:9,000 yen for members, non-members 12,000 yen
Registration:by Friday, 24 August

We expect the event to be sold out this year as well, so please sign up soon to secure your seats!
For more information and registration form for the event, click links at right.
Friday, 5 October - The North-America - Europe Golf Challenge in Japan
Mercedes-Benz Cole Haan Cup 2018 - Registration Open!

We are pleased to announce that the 16th North America - Europe Golf Challenge in Japan, the Mercedes-Benz - Cole Haan Cup, will be played on Friday, 5 October, at the same venue as in previous years, the Atsugi Kokusai Country Club in Kanagawa Prefecture.

The organizing task-force, Mercedes-Benz Japan and Cole Haan Japan are working hard to make the event a memorable one for all participants. Also this year we will have an After-Party held on Thursday, 11 October at Mercedes-Benz Connection. Free for the players and their significant other.

The registration for the event has now been opened. The player registration fee is 3,000 yen and is non-refundable, the remaining participation fee is 21,700 yen and paid directly to the Club after play. The total fee of 24,700 yen covers, the green fee, caddie, lunch, beverages, buffet at the awards reception, and fantastic prizes.

It is important that you sign-up soon because we expect this year's event, as last year, will be fully booked well in advance of the registration dead-line. Note that bus transportation is free for the 45 first to sign-up for it.

To sign-up as player and/or sponsor, please click link at right.
News from Finland

White-collar criminals flout bans to carry on business as usual in Finland

Many Finnish firms are led by individuals who have been convicted of white-collar crimes.

A study by the Yle investigative news programme MOT reveals that nearly 400 Finns, or about a third of people banned from business operations, are still working in corporate management positions. In some cases they get around the ban by setting up companies abroad.

Temporary or permanent disqualifications from the pursuit of commercial activities are almost always imposed as a result of convictions for financial crimes. They are aimed at preventing the perpetrators from committing more such violations.

"Most of those who are prohibited from conducting business have been found guilty of criminal activities that are considered 'non-minor'. In practice this means general financial crimes such as aggravated tax fraud, debtor's dishonesty or bookkeeping violations," Detective Superintendent Jukka Korkiatupa of the National Bureau of Investigation told MOT.

Minister seeks EU-wide bans
In June, there were 1,181 people in Finland under business bans. More than 85 percent of them were men. A standard ban imposed by a district court lasts 3-7 years.

According to the trade register, 376 of them were still board members, CEOs or held other executive positions. They served in nearly 700 firms, with many of them involved in several companies. Eighty-two of these firms were officially domiciled in Finlandfs southern neighbour, Estonia.

Interior Minister Kai Mykkanen is calling for the European Union to set up a common system of business bans to fight financial crime.

"I think we need EU-wide business bans, because entrepreneurs quite extensively set up firms in various countries and itfs clear that you can circumvent the rules by establishing a company in Estonia or Sweden, for instance," he says.
Grin of the Week

Some like to believe in this logic...

A herd of buffalo can move only as fast as the slowest buffalo, and when the herd is hunted, it is the slowest and weakest ones at the back that are killed first. This natural selection is good for the herd as a whole, because the general speed and health of the whole group keeps improving by the regular culling of the weakest members.

In much the same way the human brain can only operate as fast as the slowest brain cells. Excessive intake of alcohol, we all know, kills off brain cells, but naturally it attacks the slowest and weakest brain cells first. In this way, regular consumption of beer eliminates the weaker brain cells, constantly making the brain a faster and more efficient machine. this heat though, I recommend water...
Best regards

Clas G. Bystedt
If you have any comments, rumors, gossip or inside information,
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This bulletin is published by the Finnish Chamber of Commerce in Japan (FCCJ) and distributed to over 700 recipients among its members and related organizations.

FCCJ was established in April 1999 to promote trade and economic exchange between Japan and Finland and has today 62 corporate members, 18 individual and two special members.