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AML / KYC
Use of AI for AML Could Lower Effectiveness: Report
By Bradley Maclean | 14/03/2024
A new report from NICE Actimize and Regulation Asia sheds light on APAC’s use of technology to fight financial crime.
Securities / Derivatives
SGX Unveils Plans to Launch SORA, TONA Derivatives
By Nithya Subramanian | 13/03/2024
Interest rate futures linked to the SORA and TONA will serve as cost-effective and transparent hedging and trading tools for investors.
Fintech / Regtech
JPX Launches AI Service for TSE Company Insights
By Mark Johnston | 13/03/2024
JPX has unveiled a new AI service that can provide more detailed insights into Tokyo Stock Exchange listings.
Market Infrastructure
Japan to Permanently Cease Euroyen TIBOR on 30 December
By Editors | 07/03/2024
ISDA confirmed that the announcement from JBA TIBOR Administration “constitutes an index cessation event”.
Big Picture
Japan’s Market and Corporate Reforms – New Dawn or Déjà Vu?
By Gavin Blair | 05/03/2024
Reforms to boost the capital market and asset management sector are driving optimism in Japan.
ESG / Sustainability
JPX Develops Method to Automate TCFD Disclosure Checks
By Mark Johnston | 05/03/2024
Large language models are used evaluate securities reports to check whether recommended TCFD disclosures were made.
ESG / Sustainability
Japan to Require Emissions Disclosures from Top-tier Firms
By Editors | 05/03/2024
The FSA is expected to release draft standards by end-March proposing requirements for Prime Market companies to disclose supply chain emissions data.
Sanctions
Japan Announces New Round of Sanctions on Russia
By Editors | 04/03/2024
The sanctions target a total of 12 individuals and 37 entities, add new export restrictions, and implement the G7 ban on Russian diamonds.
Enforcement
Japan: Major Insurers Commit to Divesting Cross-Held Shares
By Editors | 03/03/2024
The insurers also imposed disciplinary measures against 132 executives and employees, including pay cuts, over a price-fixing scandal.
Enforcement
SG Firm Allegedly Swindled JPY 135 Billion in Japan’s Largest Scam
By Nithya Subramanian | 01/03/2024
Sky Premium International has been accused of involvement in foreign exchange margin trading, labeled as an illegitimate “pyramid scheme”, wooing investors through a network of 570 salespeople.
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