Japan

Resolution & Recovery

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.

Market Abuse

Japan Regulator Cites Broker for Spoofing

By Samuel Riding | 20/03/2017

Regulator says Virgin-islands registered broker manipulated four stocks.

Cloud & Infrastructure

Updated – Japan, UK Regulators Agree Fintech Referrals

By Samuel Riding | 10/03/2017

JFSA also eyes cross-border rule making on blockchain.

Market Risk

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.

Market Risk

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.

AI Risk & Governance

Tokyo Exchange to Deploy Machine Learning, AI Surveillance

By Samuel Riding | 01/03/2017

Exchange will deploy NEC machine learning, Hitachi AI technology.

Conduct, Culture & Accountability

Japan Regulator Issues ‘Culture’ Recommendations

By Samuel Riding | 21/02/2017

Seven ‘principles’ designed to ensure financial business operators focus on customer needs.

Supervision & Enforcement

Japan, Iran Agree Joint Supervision

By Samuel Riding | 15/02/2017

Letter covers cross-border establishments, includes provisions on information sharing, training.

Supervision & Enforcement

Bank of England Fines Japanese Bank $33.34Mn

By Samuel Riding | 13/02/2017

Bank failed to report US regulator’s enforcement action against them to the Bank of England.