Japan

ESG / Sustainability

Japan FSA Seeks Better Quality ESG, Climate Disclosures

By Editors | 10/08/2021

The FSA plans to establish a new framework for the certification of ESG-related products. It is also exploring mandatory climate risk disclosures.

Market Infrastructure

LIBOR Alternatives Gain Traction in Japan – Report

By Editors | 06/08/2021

OIS transactions based on TONA and TIBOR increased in July, suggesting alternative rates to JPY LIBOR are gaining traction.

Market Infrastructure

OSE, TOCOM Set to Launch J-GATE 3.0 on 21 September

By Editors | 02/08/2021

The next-generation derivatives trading system known as J-GATE3.0 will go live on 21 September 2021.

ESG / Sustainability

JPX Sets Organisational Targets to Achieve Carbon Neutrality

By Editors | 02/08/2021

JPX is researching the possibility of generating renewable energy through its own energy generation facilities.

Crypto / Digital Assets

Ripple Opens Japan-Philippines Remittance Corridor

By Manesh Samtani | 31/07/2021

Japan’s SBI Remit will connect with Coins.ph and crypto exchange SBI VC Trade to open the remittance corridor, leveraging Ripple’s on-demand liquidity service.

ESG / Sustainability

BOJ to Pursue ‘Learning-by-doing’ Approach to Climate Risk

By Editors | 29/07/2021

The BOJ will offer zero-interest funds to FIs making loans and investments to tackle climate change, study the programme’s impacts, and make adjustments when necessary.

ESG / Sustainability

BOJ Sets Out Strategy to Address Climate Change

By Ranamita Chakraborty | 26/07/2021

A measure will be introduced enabling FIs to receive funds from the BOJ against investments or loans made in support of efforts to address climate change.

AML / KYC

Japan Banks to Deploy Shared System for AML/CFT Monitoring

By Manesh Samtani | 22/07/2021

The FSA’s Hiroshi Ozaki said the banking sector is planning to deploy a shared transaction monitoring and screening system for AML/CFT across the industry.

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’.