JAPAN

Market Infrastructure

UPDATED – Japan Suffers Payment Clearing Network Disruption

By Editors | 11/10/2023

Zengin-Net restored its system in the early hours of Thursday (12 October). The FSA ordered the production of a detailed report of the incident.

Enforcement

Korean Investors Warned About Illegal Overseas Trading

By Editors | 09/10/2023

The FSC and FSS say there has been a recent increase in the number of foreign investigations involving Korean investors.

Market Infrastructure

Japanese, Korean Regulators Agree to Strengthen Cooperation

By Sanday Chongo Kabange | 06/10/2023

The FSA and FSC will cooperate on financial stability, climate change, and digitalisation of financial services. KFB and JBA also signed an MoU.

ESG / Sustainability

Japan PM Signals Support for Sustainable, Impact Investing

By ESG Investor | 04/10/2023

Japanese Prime Minister Fumio Kishida said a plan would be finalised by year-end to channel a greater share of savings into sustainable investment vehicles.

Capital / Liquidity

Japan to Test Banks’ Resilience Against Social Media-Driven Runs

By Mark Johnston | 03/10/2023

Japan’s FSA plans to test the resilience of around 20 banks against social media-fuelled runs, responding to the failure of Silicon Valley Bank in the US.

ESG / Sustainability

Japan to Launch First Exchange-based Carbon Market Next Month

By Manesh Samtani | 24/09/2023

The new carbon credit market will allow trading in J-Credits, which are certified by the government and have already been circulating in Japan since 2013.

Market Infrastructure

Tokyo Bourse Announces Decision to Extends Trading Hours

By Editors | 21/09/2023

The TSE will extend the closing time from 3pm  to 3.30pm, coinciding with the launch of Arrowhead 4.0 on 5 November 2024.

Market Infrastructure

JSCC Allows MTFs and SEFs to Clear Swaps Without Take-up Process

By Editors | 21/09/2023

Tradeweb said the decision to replace the “time-consuming and redundant” take-up process will enable clients to benefit from fully automated workflows.

Crypto / Digital Assets

Japan Plans to Allow Startups to Issue Digital Tokens – Report

By Editors | 18/09/2023

The change is applicable to funds raised from investment firms that are set up as Investment Limited Partnerships (LPS), a structure common among VC firms.