Japan

Securities / Derivatives

JPX to Revise Derivatives Guidelines to Guard Against Spoofing

By Mark Johnston | 25/11/2025

JPX will issue updated guidelines to help Osaka Exchange members strengthen their internal oversight of government bond futures trading.

AML / KYC

Japan FSA to Step Up AML Dialogue with FIs Ahead of 2028 FATF On-Site Review

By Manesh Samtani | 24/11/2025

The regulator is shifting focus from technical compliance to proven outcomes, requiring firms to establish robust verification and improvement cycles.

Crypto / Digital Assets

FSC Korea Plans Organisational Review to Bolster Crypto Oversight

By Mark Johnston | 21/11/2025

FSC study will explore options for optimising its structure to enhance its oversight of virtual assets and capital markets, and better manage other national priorities.

ESG / Sustainability

NGFS Issues Updated Climate Scenario Analysis Guide for Supervisors

By Sanday Chongo Kabange | 21/11/2025

The updated guide reflects maturing practices and introduces short-term scenarios for assessing near-term policy and weather-related shocks.

Crypto / Digital Assets

Japanese Asset Managers Consider Crypto Funds Amid Regulatory Thaw - Report

By Sanday Chongo Kabange | 20/11/2025

Six major firms including Nomura and SBI are exploring crypto investment trusts, contingent on key tax and legal reforms.

Crypto / Digital Assets

Japan: FSA Guidance Prompts Termination of Crypto ETF Derivatives Offering

By Mark Johnston | 19/11/2025

Japanese brokerage IG Securities will withdraw Bitcoin and Ethereum ETF contracts after the FSA deemed offering derivatives on overseas crypto products ‘undesirable’.

ESG / Sustainability

Japan Proposes 5x Hike in Threshold for Prospectus Exemption

By Manesh Samtani | 19/11/2025

A working group discussed raising the threshold to ease fundraising for startups and refining the professional investor framework.

Japan Sets New Rules for Donations Using Prepaid Instruments

By Manesh Samtani | 18/11/2025

New framework enables donations via prepaid payment instruments to limited recipients, seeking to balance fraud prevention with the need for innovation.

Securities / Derivatives

Japan to Revise Corporate Governance Code to Target Employee Wages

By Sanday Chongo Kabange | 18/11/2025

The move signals a potential reversal of shareholder-friendly reforms and aims to encourage companies to increase employee wages amid rising inflation.