JAPAN

AML / KYC

Japan Proposes Regulatory Framework to Legalise ICOs

By Manesh Samtani | 09/04/2018

Government-backed research group proposes rules for identifying investors, preventing money laundering and protecting equity and debt holders.

Market Infrastructure

Japan Exchange Group to Sell SGX Stake Over Three Years

By Editors | 03/04/2018

JPX to sell stake due to governance code requirements to explain strategic holdings, but says cooperation will continue.

Fintech / Regtech

BOJ-ECB Study Identifies DLT Applications for Securities Settlement

By Manesh Samtani | 29/03/2018

Project Stella phase two study suggests distributed ledger technology offers novel approach for cash settlement of securities, but requires further study.

Enforcement

Japan Introduces AI Market Surveillance

By Samuel Riding | 21/03/2018

System from Hitachi and NEC will identify potential unfair trading, but humans will still be relied on to interpret data.

Fintech / Regtech

Japan to Push G20 for Global AML Rules for Cryptcurrency

By Manesh Samtani | 14/03/2018

Japan to urge G20 leaders to close money laundering loopholes that exist due to weak regulation in some jurisdictions, without stifling innovation.

AML / KYC

Japan FSA Orders Business Improvement, Closures at Crypto Exchanges

By Manesh Samtani | 10/03/2018

Five exchanges including recently-hacked Coincheck ordered to improve internal controls; two exchanges ordered to halt services.

Crypto / Digital Assets

Japan Mulls Overhaul of Approach to Financial Industry Regulation

By Garima Chitkara | 01/03/2018

New rules propose an approach focused on financial function rather than individual entities; and are expected bring traditional financial firms and fintech firms on level playing field.

Crypto / Digital Assets

Japan FSA to Empower Self Regulatory Body for Cryptocurrency

By Manesh Samtani | 19/02/2018

Self regulatory organisation will create rules and set penalties for breaches of self-imposed rules.

Crypto / Digital Assets

Japan Orders Internal Inspections at Cryptocurrency Exchanges Nationwide

By Manesh Samtani | 05/02/2018

All 32 cryptocurrency exchanges in Japan required to submit reports on security and risk management based on 43-item checklist.