JAPAN

Securities / Derivatives

Japan Considers Allowing SPAC Listings – Report

By Editors | 02/06/2021

Japan may allow SPAC listings on its markets as part of its growth strategy as early as next year.

Market Infrastructure

Japan to Require Disclosure of User Data Held Overseas

By Manesh Samtani | 29/05/2021

Companies will reportedly also have to disclose how data management rules in foreign countries differ from those in Japan.

Japan FSA Releases Guidelines on Climate Transition Finance

By Editors | 25/05/2021

The guidelines incorporate the recommendations on disclosures from the ICMA Climate Transition Finance Handbook, which was published in December.

Enforcement

Japan Post Bank Misplaces Customer Transaction Data

By Editors | 25/05/2021

The missing records include information such as clients’ names and bank account numbers, which are supposed to be retained for 10 years.

Market Infrastructure

Japanese FIs Still Have $24tr in LIBOR Exposures – Report

By Editors | 20/05/2021

The December 2020 figure is down only slightly from the $27.5tr of contracts referencing LIBOR 18 months earlier at the end of June 2019.

Securities / Derivatives

JPX Establishes Working Group to Enhance Equity Market

By Editors | 19/05/2021

The working group will discuss trading system resilience and functionality, a possible extension of trading hours, and the introduction of holiday trading.

Securities / Derivatives

Japan to Start Holiday Trading in Derivatives in Sep 2022

By Manesh Samtani | 18/05/2021

Osaka Exchange and Tokyo Commodity Exchange will begin holiday trading in index and commodity futures and options in September 2022.

Securities / Derivatives

Tokyo Bourse Plans to Extend Trading Hours – Report

By Editors | 18/05/2021

Longer trading hours are expected to increase participation from overseas investors, as well as local retail investors that trade after work.

Market Infrastructure

Is Asia Ready for the End of LIBOR?

By Li Renn Tsai | 17/05/2021

Li Renn Tsai compares progress in Asia’s main trading hubs, warning of a logjam of transition-related operational work that will pile up towards year-end.