JAPAN

Market Infrastructure

Japan Issues Progress Update on Asset Management Hub Initiatives

By Manesh Samtani | 30/07/2025

FSA outlines progress on deregulation and support schemes in Tokyo, Osaka, Sapporo, and Fukuoka aimed at attracting overseas investment managers.

Securities / Derivatives

FSA Updates Guidance for Foreign Asset Managers Entering Japan

By Nithya Subramanian | 28/07/2025

The updated guidance details relaxed capital and personnel rules to attract more investment firms to boost its asset management sector.

Enforcement

Tokyo Court Sentences Five Former SMBC Nikko Execs in Manipulation Case

By Manesh Samtani | 23/07/2025

A Tokyo court has convicted five former SMBC Nikko Securities executives, including a former Vice President, for market manipulation, highlighting compliance failures.

Capital / Liquidity

BOJ Watches JGB Liquidity for Stresses on Risk Management

By Blake Evans-Pritchard | 23/07/2025

Japanese regional banks could be especially affected by any deterioration in liquidity, writes Blake Evans-Pritchard.

Securities / Derivatives

Japan’s FSA to Mandate Disclosure on Annual Wage Growth

By Nithya Subramanian | 22/07/2025

Listed companies will be required to report on annual wage growth and talent strategies as a measure to encourage long-term investment in human capital.

Fintech / Regtech

Hong Kong Privacy Watchdog Probes Louis Vuitton Data Breach

By Manesh Samtani | 21/07/2025

The investigation follows the luxury brand's disclosure of a multi-country cyberattack that compromised the personal data of customers across Asia.

Enforcement

Japan's FSA Orders Nippon Life to Report on Information Leak

By Nithya Subramanian | 21/07/2025

The FSA ordered Nippon Life to explain how one of its employees accessed and shared confidential documents obtained from MUFG Bank.

Securities / Derivatives

Japan to Phase in ISSB-Aligned Disclosure and Assurance from 2027

By Manesh Samtani | 18/07/2025

Regulators will require the largest firms to adopt the standards first, introducing a "safe harbour" provision to account for uncertain and forward-looking data.

Securities / Derivatives

Japan Cautiously Considering Move to T+1 Equities Settlement

By Manesh Samtani | 16/07/2025

FSA study group urges a cautious approach while monitoring regional peers, highlighting risks of settlement fails and time zone challenges for foreign investors.