Japan

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.

Market Infrastructure

BOJ Defends Yield Target With ‘Unlimited’ Bond Buying

By Editors | 29/03/2022

The BOJ is buying Japanese government bonds every day this week until Thursday to keep yields low as it diverges from the US path.

Fintech / Regtech

Bank of Japan Concludes Phase One CBDC Testing

By Editors | 28/03/2022

Phase one testing explored the feasibility of CBDC issuance, distribution and redemption. Phase two will test additional functions starting next month.

Securities / Derivatives

Egypt Becomes First Middle East Nation to Issue Samurai Bonds

By Editors | 27/03/2022

Egypt has become the first country in the Middle East to issue samurai bonds in the Japanese market.

Enforcement

Tokyo Prosecutors Indict SMBC Nikko Securities, Five Others

By Editors | 24/03/2022

Prosecutors have filed charges against SMBC Nikko Securities and five others. The head of the firm’s equity division was also arrested.

Fintech / Regtech

Japan FSA Progresses Work on AI-based Translation System

By Editors | 19/03/2022

Translated financial documents were used as training data for the AI system, helping to improve the efficiency and accuracy of translations between Japanese and English.