JAPAN

AML / KYC

Japan Securities Firms Hit by Wave of Phishing Attacks

By Thisanka Siripala | 03/04/2025

Rakuten and SBI Securities are among the firms reporting unauthorised transactions linked to phishing attacks.

AML / KYC

Japan to Commence Bank-to-Bank Information Sharing Trial

By Thisanka Siripala | 03/04/2025

JBA-led study group to initiate the sharing of information on criminal accounts with a small number of banks in a trial environment.

ESG / Sustainability

Japan FSA Issues Updated Guidelines on Preparing Securities Reports

By Thisanka Siripala | 03/04/2025

The updated guidelines aim to improve the quality of disclosures related to sustainability, corporate governance, and risk management.

Enforcement

Former Judge in Japan Sentenced for Insider Trading

By Editors | 28/03/2025

The former judge used his authority while seconded to the FSA to learn important facts about tender offers and then buy shares before the offers were made public.

ESG / Sustainability

Japan’s Sustainability Disclosure Rules Strike ‘Good Balance’ Amid ESG Shift

By Gavin Blair | 26/03/2025

Due to difficulties involving Scope 3 data, Japan is set to offer additional leeway on reporting, according to the FSA’s Satoshi Ikeda.

Securities / Derivatives

JSCC, Tradeweb Launch Swaps Clearing Connectivity

By Thisanka Siripala | 26/03/2025

The new connectivity eliminates the need for an affirmation process and is expected to improve efficiencies for buy-side firms.

Japan FSA Issues Revised Guidelines for Moneylenders

By Thisanka Siripala | 25/03/2025

The updated guidelines aim to improve system risk management, address fraudulent practices, and strengthen IT governance.

Market Infrastructure

Japan to Phase Out Cheques and Promissory Notes in 2027

By Thisanka Siripala | 25/03/2025

The JBA will discontinue its electronic clearing system for checks and promissory notes in April 2027.

Enforcement

Japanese Shinkin Bank Ordered to Rectify AML Failings

By Thisanka Siripala | 25/03/2025

Ugo Shinkin Bank didn’t implement the FSA’s AML/CFT Guidelines by March 2024 as required.