JAPAN

AML / KYC

Japan FSA Anticipates ‘C2B’ Banking System

By Samuel Riding | 31/05/2017

Commissioner Nobuchika Mori suggests fintech will facilitate provision of ‘bespoke products to mass customers’.

Market Infrastructure

Japan Passes HFT Legislation

By Samuel Riding | 23/05/2017

Offshore HFTs must have offices in Japan; all must register with regulator, disclose risk management practices.

Securities / Derivatives

US Regulator Charges Nomura Traders with Fraud

By Samuel Riding | 22/05/2017

Traders alleged to have made extra $750,000 in profit and boosted bonuses while deliberately lying to customers.

Capital / Liquidity

Japan’s Big 3 Banking Groups to Issue $84bn in TLAC Bonds – Moody’s

By Samuel Riding | 05/04/2017

Bonds will meet requirement that TLAC instruments be equivalent to at least 18% of RWA.

Japan Regulator Cites Broker for Spoofing

By Samuel Riding | 20/03/2017

Regulator says Virgin-islands registered broker manipulated four stocks.

Market Infrastructure

Updated – Japan, UK Regulators Agree Fintech Referrals

By Samuel Riding | 10/03/2017

JFSA also eyes cross-border rule making on blockchain.

Capital / Liquidity

Japan to Audit Regional Banks’ Foreign Debt Exposure

By Samuel Riding | 09/03/2017

Probe will also look at senior management involvement in decisions of asset management units.

Japan FSA to Confirm VM Exemptions

By Samuel Riding | 01/03/2017

Banks will not have to post VM in transactions with jurisdictions which have no margin rules or have granted forbearance.

Market Infrastructure

Tokyo Exchange to Deploy Machine Learning, AI Surveillance

By Samuel Riding | 01/03/2017

Exchange will deploy NEC machine learning, Hitachi AI technology.