JAPAN

Japan to Strengthen Safe Deposit Box Security After Employee Thefts

By Thisanka Siripala | 21/03/2025

FSA guidelines will introduce industry-wide security standards for safe deposit box operations.

Securities / Derivatives

JSDA Seeks Public Feedback on Corporate Bond Underwriting Rules

By Thisanka Siripala | 21/03/2025

The draft guidelines seek to increase the use of covenants in corporate bond issuance, particularly for lower rated bonds.

Enforcement

Japan: Former Judge Seconded to FSA Admits to Insider Trading

By Thisanka Siripala | 20/03/2025

Prosecutors are seeking a two year sentence for the former judge who used non-public takeover bid information for stock purchases.

Securities / Derivatives

Japan Proposes Amendments to Tender Offer, Shareholding Disclosure Rules

By Thisanka Siripala | 19/03/2025

The amendments revise the scope exemptions from the public tender offer system and extend large shareholding disclosure requirements to include equity derivative transactions.

Enforcement

Japan Post Data Misuse Probe Identifies 10 Million Affected Accounts

By Thisanka Siripala | 19/03/2025

Japan Post Group has cut the pay of 14 executives after finding that 10 million accounts were accessed for insurance sales activities.

Crypto / Digital Assets

Nomura Issues Japan’s First Digital Bonds Using DVP Settlement

By Thisanka Siripala | 19/03/2025

Nomura also revealed that DCJPY was used in place of fiat currency in a PoC to test digital currency settlement for digital bonds.

Enforcement

Japan Moves to Tighten Regulations on Online Casinos

By Thisanka Siripala | 17/03/2025

Japan is considering measures to restrict payments to online casinos as well as advertisements promoting their services.

ESG / Sustainability

Top Japanese Banks Exit Net Zero Banking Alliance

By Nithya Subramanian | 14/03/2025

Sumitomo Mitsui Financial Group and Nomura Holdings have both announced their departure from NZBA.

Crypto / Digital Assets

Japan’s Cabinet Approves Bill to Ease Crypto Regulations

By Thisanka Siripala | 11/03/2025

The bill establishes a new category for crypto intermediaries and enhances flexibility in stablecoin reserve management, among other things.