Japan

Big Picture

BOJ Warns of Post Covid Risks to Financial Stability

By Sanday Chongo Kabange | 21/04/2021

Even after the pandemic subsides, low interest rates will continue to exert downward pressure on FIs’ profits, the BOJ says.

Securities / Derivatives

Japan Registers First Foreign Firm Through Dedicated ‘Entry Office’

By Sanday Chongo Kabange | 20/04/2021

The subsidiary of UK firm Affirmative Investment Management Partners registered to conduct investment advisory and agency business.

Market Infrastructure

Japan Sets End Date for New JPY LIBOR Interest Rate Swaps

By Manesh Samtani | 20/04/2021

New interest rate swaps referencing JPY LIBOR and maturing after the end of 2021 should cease by end-September 2021.

Securities / Derivatives

China-Japan ETF Connect Sees Launch of New Funds

By Ranamita Chakraborty | 19/04/2021

Daiwa Asset Management has listed two ETFs on the TSE while ICBC Credit Suisse Asset Management has listed one ETF on the SZSE.

Mizuho Head to Turn Down JBA Chairmanship – Report

By Editors | 14/04/2021

Mizuho Financial Group president and group CEO Tatsufumi Sakai was due to take over as JBA chairman on 1 April.

Enforcement

Nomura Establishes Internal Team to Probe Archegos Loss

By Sanday Chongo Kabange | 13/04/2021

Nomura has set up the team to look into the bank’s risk management practices. It plans to disclose details of Archegos loss in late April.

ESG / Sustainability

New TSE Chief Eyes ESG Focus In Reorganisation Plan

By Sanday Chongo Kabange | 12/04/2021

Chief executive Hiromi Yamaji says the TSE will urge companies to step up efforts on ESG issues based on their market classification.

Japan Consults on Climate Transition Finance Guidelines

By Manesh Samtani | 12/04/2021

The guideline has been drafted in accordance with the Climate Transition Finance Handbook published by ICMA in December.

ESG / Sustainability

Japan FSA Issues Proposal to Revise Corporate Governance Code

By Manesh Samtani | 07/04/2021

The changes will improve board independence, promote board diversity, and enhance climate-related and ESG disclosures by top-tier listed companies.