JAPAN

    Enforcement

    Tokyo Prosecutors Indict SMBC Nikko Securities Deputy President

    By Editors | 14/04/2022

    The former deputy president is suspected of colluding with other staff to illegally manipulate stock prices to keep block trade deals with clients from falling through.

    Securities / Derivatives

    FSA Issues Guidance for Asset Managers Moving to Japan

    By Editors | 12/04/2022

    Regulatory requirements have also been amended to allow foreign securities companies entering the Japanese market to submit their registration applications in English.

    Fintech / Regtech

    JPX to Provide Free Market Data to Retail Investors

    By Sanday Chongo Kabange | 09/04/2022

    JPX plans to launch a beta version of an API for retail investors under its ‘J-Quants’ project, and is inviting early adopters to apply for early access.

    ESG / Sustainability

    JPX, QUICK Corp Publish Explanations on ESG Issues

    By Editors | 07/04/2022

    The document provides guidance on the issues facing Japanese companies when it comes to ESG disclosures.

    Market Infrastructure

    Tokyo Bourse Starts Trading Under New Market Structure

    By Manesh Samtani | 06/04/2022

    The launch of the new structure saw trading progress smoothly, with no system problems or technical glitches, although trading volume was thin.

    Market Infrastructure

    BOJ Publishes Details on Planned Bank Examinations for Fiscal 2022

    By Manesh Samtani | 05/04/2022

    Key areas of focus for the BOJ will be to assess how banks are managing climate risk, credit risk, cross-border loans, and cybersecurity.

    AML / KYC

    Japan, US Impose More Sanctions Over DPRK Missile Tests

    By Mark Johnston | 05/04/2022

    Japan sanctioned 4 Russia-based entities and 9 other individuals. The US sanctioned 5 more North Korean entities.

    Securities / Derivatives

    BOJ to Increase Bond Buying Despite Strain on Businesses

    By Editors | 03/04/2022

    The BOJ will increase the size of its buy-buying operations in the April-to-June quarter, despite pressure on the yen that is harming businesses.

    Market Infrastructure

    New Data Protection Requirements Enter into Force in Japan

    By Manesh Samtani | 03/04/2022

    Japan’s revised law on the protection of personal data raises penalties for non-compliance, tightens breach reporting requirements, and gives data subjects additional rights.

    Market Infrastructure

    Japan, EU Enhance Framework on Regulatory Cooperation

    By Mark Johnston | 02/04/2022

    The adoption of the regulatory cooperation framework follows the signing of an amended MoC by Japan’s FSA and ESMA.

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