Japan

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.

AML / KYC

G7 Nations Imposing New Russia Sanctions Over “Sham” Referendums

By Manesh Samtani | 30/09/2022

The EU package includes an oil price cap and a complete ban on providing crypto services to Russians. UK targets include Gazprombank, Sberbank and Sovcombank board members.

AML / KYC

Japan to Adopt Travel Rule in Crypto in May 2023 – Report

By Editors | 29/09/2022

The FSA plans to submit amendments to the Act on Prevention of Transfer of Criminal Proceeds to a parliamentary session next week.

Securities / Derivatives

Tokyo Bourse Issues Guidance on Making English Disclosures

By Editors | 26/09/2022

The TSE says the disclosure of corporate information in English is becoming increasingly important to attract foreign investment.

Market Infrastructure

Japan Commences Holiday Trading in Derivatives Market

By Editors | 25/09/2022

Holiday trading is now allowed on Osaka Exchange and TOCOM – for index and commodity futures and options.

ESG / Sustainability

JPX Launches Pilot Trading in New Carbon Credit Market

By Editors | 23/09/2022

The TSE commenced pilot trading in J-Credits, which have been circulating on a voluntary basis in Japan since 2013. Trading began with 145 registered participants.