Japan

Crypto / Digital Assets

Japan FSA Considers Tightening Regulations For Crypto

By Thisanka Siripala | 27/11/2024

The FSA is conducting closed door discussions to explore regulating crypto assets as financial products under the Financial Instruments and Exchange Act.

Enforcement

Japan Supreme Court Issues Rare Directive on Insider Trading

By Thisanka Siripala | 27/11/2024

The directive is a response to a case involving a judge who allegedly used confidential information obtained through his role to profit from stock trading.

Sanctions

Japan Preparing to Ramp Up Sanctions on North Korea, Russia

By Editors | 26/11/2024

Officials are said to be particularly concerned about North Korean troop deployments to Russia and the implications for peace and security in the region.

Fintech / Regtech

Japan FSA Using AI to Streamline Operations and Improve Efficiency

By Thisanka Siripala | 26/11/2024

The FSA introduced a system that can quickly search through documents held by different departments and then summarise their contents.

MUFG Bank Faces Fallout Over Theft by Former Employee

By Thisanka Siripala | 26/11/2024

Over four and a half years, a manager opened the safety deposit boxes of approximately 60 people and stole their assets.

Crypto / Digital Assets

Japan’s FSA to Introduce Lighter Regulations for Crypto Brokers

By Thisanka Siripala | 26/11/2024

The FSA is exploring the creation of a new “intermediary business” with lighter regulations for enterprises handling cryptocurrency and stablecoins.

Japan Announces $250B Economic Stimulus Package

By Thisanka Siripala | 26/11/2024

The stimulus package includes increases to the annual income tax free threshold in order to boost disposable incomes.

Japan’s FSA Finalises Recommendations for VC Industry

By Thisanka Siripala | 14/11/2024

The recommendations focus on elevating VC governance standards to attract more capital into startups from institutional investors.

Enforcement

Nomura Asked to Probe Attempted Murder Case Involving Ex-Employee

By Editors | 12/11/2024

The FSA has asked Nomura to review the incident and analyse its root cause and background, and come up with solutions.