Credit Suisse First Boston's (CSFB) securitization business in Japan could suffer as a result of disciplinary action from the Financial Supervisory Agency (FSA), the country's financial regulator, according to Japanese media.

The FSA is expected to revoke the banking license of Credit Suisse Financial Products (CSFP), the group's derivatives arm, and prohibit CSFB in Tokyo from offering new products in fields including derivatives and loan securitization for one year.

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