Bank of Japan

Fintech / Regtech

Japan FSA Publishes Research on Overseas Data Collection Platforms

By Editors | 20/04/2022

A survey of overseas authorities was conducted to inform the development of a “joint data platform” that will be used by both the FSA and BOJ.

AML / KYC

FSA Offers Update on Work to Strengthen Japan’s AML System

By Manesh Samtani | 17/04/2022

Discussions are underway on the implementation of a new shared transaction monitoring and screening system. A new ‘beneficial ownership list system’ has been established.

Fintech / Regtech

BOJ Offers Clues on Path Forward for CBDC Issuance

By Manesh Samtani | 15/04/2022

The BOJ has commenced phase two testing on a CBDC. Later this fiscal year, it plans to seek input from the public on how a CBDC might benefit businesses and the overall payments landscape.

Market Infrastructure

BOJ Publishes Details on Planned Bank Examinations for Fiscal 2022

By Manesh Samtani | 05/04/2022

Key areas of focus for the BOJ will be to assess how banks are managing climate risk, credit risk, cross-border loans, and cybersecurity.

Securities / Derivatives

BOJ to Increase Bond Buying Despite Strain on Businesses

By Editors | 03/04/2022

The BOJ will increase the size of its buy-buying operations in the April-to-June quarter, despite pressure on the yen that is harming businesses.

Market Infrastructure

BOJ Defends Yield Target With ‘Unlimited’ Bond Buying

By Editors | 29/03/2022

The BOJ is buying Japanese government bonds every day this week until Thursday to keep yields low as it diverges from the US path.

Fintech / Regtech

Bank of Japan Concludes Phase One CBDC Testing

By Editors | 28/03/2022

Phase one testing explored the feasibility of CBDC issuance, distribution and redemption. Phase two will test additional functions starting next month.

ESG / Sustainability

BOJ to Launch New Climate Survey in Fiscal 2022

By Sanday Chongo Kabange | 15/03/2022

The survey will seek responses from market participants to assess the functioning of Japanese financial markets in relation to climate change.

Market Infrastructure

BOJ Forms Cross-Industry Forum on Interest Rate Benchmarks

By Editors | 09/03/2022

The Forum will facilitate discussions on efforts to enhance the reliability of JPY interest rate benchmarks and practical issues related to the choice and usage of those benchmarks.