JAPAN

Market Infrastructure

Tokyo Seeks Status as Asian Hub for Transition Finance

By Editors | 04/02/2022

Establishing Tokyo as a regional transition finance hub is part of a Kishida policy goal to create an “Asian zero-emission community”.

Securities / Derivatives

Japan FTC Warns of Possible Antitrust Breaches in IPO Pricing

By Editors | 02/02/2022

The FTC expressed concerns that securities firms could use their superior bargaining power to set IPO prices excessively low and disadvantage issuers.

ESG / Sustainability

Japan Considers Removing Quarterly Reporting Requirements

By Editors | 02/02/2022

A summary report setting out key considerations for the removal of quarterly reporting is expected to be released in the coming months.

Securities / Derivatives

Tokyo to Establish Sustainable Energy Fund in March 2022

By Editors | 15/01/2022

The Tokyo metropolitan government will invest JPY 1 billion in the fund, which will be operated by Looop Inc, as part of efforts to promote the development of renewable energy.

Mizuho Set to Formalise New Leadership to Address System Issues

By Editors | 14/01/2022

On Tuesday, Mizuho suffered its 10th system failure since February 2021, with business customers unable to access online banking for more than 3 hours that morning.

AML / KYC

OFAC Fines HK Unit of Japanese Conglomerate Sojitz

By Editors | 13/01/2022

Trading in Iran-origin goods was carried out without the knowledge of senior management by employees who omitted information from documentation.

Market Infrastructure

JSCC Launches New Clearing System for JGBs

By Manesh Samtani | 12/01/2022

As part of the launch, the JSCC has introduced a new framework for netting settlements between cash/repo transactions and JGB futures.

Market Infrastructure

TSE Publishes Market Segment Selections by Listed Companies

By Manesh Samtani | 12/01/2022

To prepare for the Tokyo Stock Exchange’s reorganisation in April, listed companies had to select their new market segments.

Capital / Liquidity

Japan Extends Leverage Ratio Relaxation to Support Bank Lending

By Editors | 09/01/2022

Central bank deposits will be excluded from total exposure when calculating the leverage ratio until the end of March 2024.