Japan

Capital / Liquidity

BOJ Expands Merger Incentives to Include Community Lenders

By Editors | 03/01/2021

The BOJ will pay an additional 0.1% interest to smaller lenders that decide to merge, integrate their businesses, or meet overhead reduction targets.

AML / KYC

Japan Regulators Order Crypto Exchange to Improve AML Systems

By Editors | 02/01/2021

Avacus Co Ltd must build an AML/CTF risk management system that ensures transactions are confirmed and recorded at the time of transaction.

Capital / Liquidity

Japan FSA Issues Draft Policy for Basel III Implementation

By Editors | 02/01/2021

Japan will adopt the Basel III standards in consideration of the characteristics of domestic financial institutions, the FSA said.

Securities / Derivatives

Tokyo Bourse Reorganisation to Take Effect in April 2022

By Editors | 31/12/2020

Companies will be able to choose which section they want to be listed on between September and December 2021, and JPX will announce the results in January 2022.

Japan FSA Establishes Expert Panel on Sustainable Finance

By Editors | 31/12/2020

The panel will discuss initiatives to help channel investment into Japanese companies that support efforts to achieve carbon neutrality by 2050.

Securities / Derivatives

HKEX Clears First Cross Currency Swaps for Japanese FIs

By Editors | 29/12/2020

Japan’s FSA granted HKEX’s OTC Clear a licence allowing it to offer clearing services to Japanese financial institutions in January 2020.

BOJ Extends SME Lending Scheme, Pledges Continued Monetary Easing

By Editors | 23/12/2020

The central bank has extended its SME lending programme by six months and removed its upper limit of JPY 100 billion per institution.

Securities / Derivatives

Euroclear Bank, Japan Launch New Asset Class: ‘Origami Bonds’

By Editors | 17/12/2020

Japanese cities Kobe and Yokohama as well as Shizuoka Prefecture were the first three issuers to utilise the new Origami bond structure.

Fintech / Regtech

Japan FSA to Allow Banks Use Customer Data for Targeted Ads

By Editors | 15/12/2020

The FSA will reportedly allow local banks to use their customers’ data for targeted advertising and sales activities.