JAPAN

ESG / Sustainability

Japan Regulators Deepen Climate Risk Scrutiny with New Scenario Tests

By Editors | 02/07/2025

Separate analyses for banks and insurers highlight growing transition and physical risks, urging firms to enhance risk management frameworks.

Securities / Derivatives

Japan’s FSA Unveils Action Plan to Bolster Corporate Governance

By Manesh Samtani | 01/07/2025

“Action Program 2025” targets corporate cash hoarding, board independence, and cross-shareholdings, and proposes a safe harbour rule for sustainability disclosures.

Securities / Derivatives

US CFTC Extends Reporting Relief for Foreign Swaps Dealers

By Editors | 29/06/2025

The CFTC has again extended swap reporting relief for foreign dealers, replacing a fixed 2025 deadline with an indefinite timeframe.

ESG / Sustainability

Japan FSA Finalises Third Revision of Stewardship Code

By Manesh Samtani | 27/06/2025

The revisions will help to promote collaboration between institutional investors and improve transparency of the identities of beneficial shareholders.

Crypto / Digital Assets

Japan FSA Reviews Regulatory Framework for Crypto Assets

By Manesh Samtani | 25/06/2025

Japan’s FSA proposes to reclassify crypto as financial products, potentially paving the way for Bitcoin ETFs and a flat 20% capital gains tax.

Japan Enacts Law to Curb Online Gambling

By Thisanka Siripala | 24/06/2025

The revised law empowers agencies to request takedowns of online casino ads while expanding public awareness efforts across media and venues.

Japan FSA Refines Assessment Framework for Internal Audit Function

By Thisanka Siripala | 24/06/2025

The FSA’s new report seeks to address industry requests for greater clarity on the specific requirements of the four-stage assessment framework.

Securities / Derivatives

Japan FSA Finalises Rule Change for Proprietary Trading Systems

By Thisanka Siripala | 24/06/2025

The FSA is removing the volume-based reporting requirements for PTS authorisation because there are other transparency measures in place.

AML / KYC

Japan to Require Banks to Use IC Chips for Customer Verification

By Thisanka Siripala | 24/06/2025

Authorities aim to eliminate image-based identity checks in favour of tamper-resistant IC chip scans to prevent fraud.