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Enforcement
FINRA Censures and Fines Mizuho’s US Securities Unit
By Editors | 14/05/2024
Mizuho Securities had inaccurate or incomplete information in more than 300,000 institutional customer confirmations over five years.

Japan Advances Work to Create New Guidelines for VC Firms
By Manesh Samtani | 01/05/2024
The Principles will seek to better align the investment and engagement practices of Japanese VC firms with international standards.

Sanctions
China Cautions Japan Against Expanding Export Controls
By Editors | 30/04/2024
MOFCOM said Japan’s proposal to expand its controls on certain semiconductor products will damage the stability of global supply chains.

Crypto / Digital Assets
BOJ Publishes Progress Report on CBDC Pilot Experiment
By Editors | 29/04/2024
The experimental CBDC system will preserve user privacy by requiring intermediaries to separate customer data management from payment functions.

Japan FSA Scrutinising Bank Lending Practices – Reports
By Editors | 27/04/2024
The FSA is concerned that non-performing loans could emerge following the move away from negative interest rates starting last month.

Sanctions
Japan Proposes to Tighten Export Control Regulations
By Editors | 27/04/2024
Companies would be required to report transfers of technology in areas where Japan has an advantage over other countries, and seek approval for such exports.

Sanctions
US, Japan, Korea to Collaborate on Technology Export Controls
By Editors | 26/04/2024
The launch of the “Disruptive Technology Protection Network” comes amid US calls for Japan and Korea to tighten controls on chip-related exports to China.

AML / KYC
FSA Launches AML Probe into Tokyo’s Kiraboshi Bank
By Mark Johnston | 25/04/2024
The bank did not perform checks on around 80 large remittances made by a customer over less than two months, despite the suspicious circumstances.

Capital / Liquidity
Japanese Banks Resilient Despite Interest Rate, Real Estate Risks
By Mark Johnston | 25/04/2024
BOJ said Japanese banks can withstand various financial stresses, but vulnerabilities warrant close monitoring.

Market Infrastructure
BOJ, FSA Publish Results from Cybersecurity Self-Assessments
By Mark Johnston | 25/04/2024
The results reveal that challenges remain in securing and training cybersecurity personnel and managing third-party risks.
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