JAPAN

Big Picture

BOJ Calls on Banks to Be Extra Vigilant in Current Environment

By Thisanka Siripala | 25/04/2025

Banks could see volatility in their stock prices, more defaults by client firms, and risks from exposures to foreign non-banks.

Securities / Derivatives

TSE Pushes for Lower Minimum Investment Threshold

By Thisanka Siripala | 25/04/2025

The Tokyo Stock Exchange will “encourage” listed companies to reduce the minimum amount required to invest in their shares.

AML / KYC

JSDA Proposes Rule Changes to Enhance Insider Trading Controls

By Thisanka Siripala | 24/04/2025

The proposed changes would require firms to match customer data against a new database four times a year from May 2026.

Securities / Derivatives

JSDA Finalises Rule Changes to Accommodate Unlisted Securities Services

By Thisanka Siripala | 24/04/2025

JSDA updated 15 sets of self-regulatory rules to address law changes that allow special brokerage services for unlisted securities.

Securities / Derivatives

JSDA Revises OTC Rules to Accommodate Security Tokens

By Thisanka Siripala | 24/04/2025

The rule revisions add trust beneficiary securities to the J-Ships programme and clarify procedures for issuing security tokens.

Japan Calls on FIs to Help Businesses Overcome US Tariffs

By Thisanka Siripala | 23/04/2025

Banks are asked to offer flexible loan repayments and expand the use of safety net loans. The FSA will increase loan monitoring surveys.

Capital / Liquidity

Japan FSA Proposes Revisions to Clarify New Business Lending Law

By Thisanka Siripala | 23/04/2025

Draft guidelines clarify that lenders holding an ‘enterprise value security interest’ in businesses cannot dictate employment conditions or workforce layoffs.

ESG / Sustainability

EBA’s ESG Risk Guidelines Present Heavy Burden for Japan Banks

By Thisanka Siripala | 23/04/2025

The JBA said the Japanese banks will struggle to implement the EBA’s ESG risk management and scenario analysis guidelines by the January 2026 implementation date.

Capital / Liquidity

Japan FSA Raises Alarm Over Hidden Losses in Structured Loans

By Thisanka Siripala | 22/04/2025

Structured loans which bundle JGBs with derivatives have allowed regional banks to avoid marking-to-market or publicly disclosing losses as interest rates have risen.