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PEPs & Sanctions
PwC Fined $25 Million for Altering Probe Report on Japanese Bank
By Editors | 18/08/2014
New York state has fined PricewaterhouseCoopers $25m and suspended some consulting work for two years after it altered a report to regulators on sanctions and money-laundering controls for Bank of Tokyo-Mitsubishi UFJ Ltd.
Structural Regulation
Myanmar Sees Delay in Stock Exchange Launch
By Editors | 23/05/2014
The opening of a stock exchange in Myanmar may be delayed due to difficulty in recruiting skilled people for jobs at the exchange and finding companies that could qualify to list on the market.
Structural Regulation
Japan’s Economy Needs ‘Super Regional Banks,’ Says LDP
By Editors | 22/05/2014
Japan’s ruling Liberal Democratic Party will urge government to establish “super regional banks” to help revitalize the economy during the nation’s unorthodox bid to beat deflation.
Structural Regulation
Japan to Assist in Drafting Myanmar’s Stock Exchange Regulations
By Editors | 06/05/2014
The Japanese Ministry of Finance will help draw the regulations for the Stock Exchange Commission in Myanmar, said a Myanmar finance official.
Structural Regulation
Japan Regulator, US CFTC to Cooperate on Regulated Entities Cross-Border Oversight
By Editors | 11/03/2014
The Financial Services Agency of Japan and the US Commodity Futures Trading Commission sign a memorandum of cooperation on supervision of regulated entities.
Cryptocurrency
Japan’s Financial Authorities Refuse to Intervene in Bitcoin Case
By Editors | 25/02/2014
Japanese financial authorities decline to take responsibility for the crypto-currency.
Market Abuse
Japan Regulator Seeks to Penalise Foreign Firm for Stock Manipulation
By Editors | 18/02/2014
The Securities and Exchange Surveillance Commission seeks to penalise Select Vantage Inc. for stock manipulation.
Trading & Investment
Japan Brokers Seek Revamp on Savings Accounts
By Editors | 11/02/2014
Japanese brokers are urging the regulator to revamp a scheme that waives taxes on investments of up to 1 million yen for five years.
Capital Adequacy
Basel May Dim Japan Megabank Shareholder Hopes for Dividend Payout
By Editors | 06/02/2014
Stricter capital rules under Basel III guidelines may curb the ability of Japan’s biggest banks to raise dividend payout to investors in the future.
Emerging Prudential Risks
Japan Regulator Urges Smaller Banks to Mull Mergers
By Editors | 28/01/2014
Japan’s Financial Services Agency has told regional banks to consider mergers and other tie-ups as part of medium- to long-term management strategies.
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