JAPAN

    AML / KYC

    Japan Authorities Warn Crypto Firms of Lazarus Group Threat

    By Manesh Samtani | 20/10/2022

    An advisory calls on crypto firms to strengthen their security controls, and implement staff and user training programmes.

    Crypto / Digital Assets

    Japan FSA Commences Annual Cyberattack Drills with FIs

    By Editors | 20/10/2022

    The participants include banks, credit unions, securities firms,  payment providers, money transfer agents and crypto exchanges.

    AML / KYC

    Japan Cabinet Passes Bill to Strengthen AML System

    By Editors | 18/10/2022

    Crypto exchanges will be obliged to share information on users and screen customers against sanctions lists.

    Securities / Derivatives

    CME Group to Launch USD-denominated TOPIX Futures

    By Editors | 18/10/2022

    The new contract is designed to complement the existing JPY-denominated TOPIX futures contract launched in February 2018.

    Enforcement

    FSA Bars SMBC Nikko from Block Trades for 3 Months

    By Editors | 09/10/2022

    SMBC Nikko Securities was also found to have shared confidential information of several corporate clients without their consent with its parent’s banking unit.

    ESG / Sustainability

    Risk Monitoring Needed for Non-Climate ESG Risks: FSA

    By Manesh Samtani | 09/10/2022

    Risk practitioners should establish risk monitoring systems that cover sustainability themes beyond climate change, said the FSA’s Satoshi Ikeda.

    Capital / Liquidity

    Further Progress Made to Adopt Basel III Standards: BCBS

    By Editors | 05/10/2022

    The latest update highlights progress to implement the Basel III standards from APAC jurisdictions including Australia, Indonesia, Japan and China.

    Capital / Liquidity

    BCBS Cryptoasset Treatment Will Hinder Innovation: JBA

    By Manesh Samtani | 04/10/2022

    Japan Bankers Association says the proposed infrastructure risk add-on will discourage banks from developing new DLT businesses.

    Capital / Liquidity

    BCBS Finds Japan NSFR Compliant, Largely LEX Compliant

    By Editors | 03/10/2022

    Japan’s final NSFR rules took effect from 30 September 2021. The rules to implement the LEX framework came into force on 1 April 2020.

    ESG / Sustainability

    An Increasing Sense of Urgency

    By ESG Investor | 03/10/2022

    Satoshi Ikeda, Chief Sustainable Finance Officer at Japan’s Financial Services Agency, is targeting increased action among asset owners.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team