Japan

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.

AML / KYC

Prospects of Western–Japanese Coordination on Human Rights Sanctions

By Sasha Erskine | 15/05/2021

Japan will set itself apart as an active sanctioning partner in Asia and further boost the global effort to combat human rights violations, writes RUSI’s Sasha Erskine.

ESG / Sustainability

Japan to Incorporate Human Rights in Governance Code – Report

By Editors | 06/05/2021

Authorities will be pushing companies to root out potential forced labour and human trafficking abuses in their supply chains.

Market Infrastructure

Mitigating FX Settlement Risk in Japan’s Pensions Industry

By Margaret Law | 06/05/2021

Margaret Law and Makoto Miyazaki discuss the need for Japanese pension funds to adopt PvP settlement to mitigate FX settlement risk.

ESG / Sustainability

Japan FSA to Issue Climate Risk Guidelines for Banks

By Ranamita Chakraborty | 29/04/2021

Financial institutions will be expected to incentivise borrowers to decarbonise through loan terms and preferential interest rates.