Japan

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.

AML / KYC

US, UK, Canada, Australia Announce More Russia Sanctions

By Manesh Samtani | 03/10/2022

The sanctions are a response to Putin’s attempt to annex four regions of Ukraine, after holding referendums that have been denounced as illegal and coercive.

Enforcement

Japan SESC Seeks Penalty Order Against SMBC Nikko Securities

By Editors | 30/09/2022

The SESC has recommended that the FSA punish SMBC Nikko Securities for stock price manipulation and shortfalls in its trading surveillance system.