Japan

ESG / Sustainability

Japan Finalises Code of Conduct for ESG Data Providers

By Manesh Samtani | 19/12/2022

The FSA is now calling on ESG evaluation and data providers to endorse the code of conduct, publish it on their websites, and notify the regulator.

Securities / Derivatives

ICE Opens Access Centres in Hong Kong, Shanghai, Tokyo

By Editors | 18/12/2022

ICE says the enhanced connectivity includes ultra-low-latency access to exchanges in Hong Kong, Shanghai and Tokyo.

Market Infrastructure

Japan to Raise Taxes on Wealthy Individuals, Corporations

By Mark Johnston | 18/12/2022

Taxes will be raised on those who earn over JPY 3 billion through stocks and real estate. A corporate surtax of 4 to 4.5 percent will also be adopted.

AML / KYC

GLEIF Confirms Utility of Embedding LEI in eSeals

By Editors | 14/12/2022

In a PoC, GLEIF demonstrated that embedding LEIs in eSeals allowed Japanese and European entities to transact digitally with greater trust.

Crypto / Digital Assets

FTX Japan Authorised to Continue Operating to Repay Customers

By Editors | 13/12/2022

The FSA had ordered FTX Japan to suspend business operations by 9 December. The extension until 9 March 2023 will allow it to return funds to users.

Market Infrastructure

Japan FSA Finalises New Derivatives Reporting Guidelines

By Editors | 12/12/2022

The guidelines and associated reporting requirements will take effect on 1 April 2024, incorporating the UTI and CDE.

Securities / Derivatives

Industry Ranks Singapore Top APAC Market to Operate In

By Editors | 11/12/2022

In an ASIFMA survey, capital market participants ranked Singapore as the top market for its political environment and predictable and transparent regulatory policy.

AML / KYC

Japan Lawmakers Approve Revisions to Anti Financial Crime Laws

By Editors | 07/12/2022

The revisions will allow Japanese authorities to criminally punish crypto firms that do not comply with the Travel Rule.

Sanctions

US, Korea, Japan Sanction DPRK Over Missile Tests

By Manesh Samtani | 05/12/2022

The sanctions were imposed in response to recent ballistic missile tests, including one that had enough range to reach the US mainland.