Japan

Securities / Derivatives

Japan FSA Consults on Draft Guidelines for Social Bonds

By Manesh Samtani | 22/07/2021

The guidelines are aimed at promoting the issuance of social bonds by the private sector and preventing ‘social washing’.

Fintech / Regtech

Japan FSA Launches New Section to Oversee Crypto Regulation

By Sanday Chongo Kabange | 19/07/2021

The FSA has reportedly created a new position to head the section, which will also oversee decentralised finance and deepen dialogue with foreign regulators.

AML / KYC

Japan FSA, BOJ to Assess AML, Anti-fraud Measures at FIs

By Manesh Samtani | 14/07/2021

The FSA and BOJ are reportedly looking to better understand whether AML, anti-fraud, and cybersecurity measures at FIs are adequate.

JBA Chairman Warns Against Divesting From ‘Brown’ Companies

By Ranamita Chakraborty | 06/07/2021

JBA chairman Makoto Takashima says stopping funding for “brown” companies could choke off investment necessary to achieve carbon neutrality.

AML / KYC

Japan to Form Cross-agency AML Team Following FATF Review

By Editors | 05/07/2021

A new team being formed under the Cabinet Secretariat may help overcome the current fragmented bureaucracy and enhance cross-agency coordination.

Securities / Derivatives

BOJ Seeks to Stimulate Bond Market Trading Activity

By Editors | 03/07/2021

The BOJ has cut its bond purchase targets, reflecting a desire to make the market more active after its own policy led to stagnant trading.

Securities / Derivatives

Tokyo Bourse Lists First Depositary Receipts by Asian Firm

By Sanday Chongo Kabange | 01/07/2021

Singapore-based Omni-Plus System is only the second foreign company to list JDRs, after US chip design company Techpoint’s 2017 offering.

Big Picture

Japan’s Amended Banking Act to Have Limited Impact: Fitch

By Ranamita Chakraborty | 30/06/2021

The amendment is expected to contribute only marginally to addressing Japanese banks’ structural profitability challenges, Fitch Ratings says.

BOJ Extends Covid-19 Support Measures Until March 2022

By Ranamita Chakraborty | 22/06/2021

The BOJ also said it will introduce a new programme to support investment and loans made by FIs to address climate change issues.