JAPAN

Market Infrastructure

Shinzo Abe’s Beijing Visit Paves Way for Financial Sector Cooperation

By Manesh Samtani | 29/10/2018

Forty years since the 1978 peace treaty marked by a series of MoUs between central banks, securities regulators, stock exchanges and industry bodies, among others.

Crypto / Digital Assets

Japan Allows Self-Regulation Among Cryptocurrency Exchanges

By Garima Chitkara | 25/10/2018

The Japan Virtual Currency Exchange Association has been given a “certified fund settlement business association” accreditation, allowing it to make rules and police domestic exchanges.

Market Infrastructure

JPX, TOCOM Initiate Discussions to Consolidate Operations

By Editors | 25/10/2018

Discussions aimed at creating an integrated exchange offering both securities and commodities to boost competitiveness and attract global participants.

Fintech / Regtech

Japan FSA Updates Financial Sector Cyber Policy

By Manesh Samtani | 21/10/2018

Japan’s financial infrastructure may come under attack in the lead-up to the 2020 Tokyo Olympics, the FSA says as it prepares to guard against potential large-scale incidents.

Securities / Derivatives

Japanese Brokers to Seek TSE Compensation for Trading Glitch

By Manesh Samtani | 19/10/2018

Up to 40 brokerages face billions of yen in potential losses on over 100,000 retroactive trades they are duty-bound to make after trading was halted last week due to a connection failure.

Capital / Liquidity

Japan Banks Face Asset Risks, but No Change in Outlook – Moody’s

By Garima Chitkara | 17/10/2018

Japanese banks face profitability pressures and asset risks, even as liquidity and capitalisation remain robust, the ratings agency said.

Japan’s Suruga Bank Ordered to Halt Property Lending

By Manesh Samtani | 08/10/2018

The bank was found to have extended inappropriate loans to businesses related to its founding members based on falsified proof of income and assets.

AML / KYC

Japan FSA Prioritises AML Measures Ahead of FATF Peer Review

By Editors | 01/10/2018

The FSA will conduct on-site inspections at financial institutions over the next 12 months, hoping to clean up its image with the FATF before it hosts the G20 summit next year.

Crypto / Digital Assets

UPDATED – SBI-Ripple JV Receives E-Payments Regulatory Approval

By Garima Chitkara | 28/09/2018

In Japan, SBI Ripple Asia’s new MoneyTap app will enable real time payments through bank accounts, phone numbers and QR codes.