FINANCIAL SERVICES AGENCY

AML / KYC

Japan’s AML Landscape and the Need for Effective Governance

By Bradley Maclean | 03/06/2024

Former regulator and AML subject matter expert Hiroshi Ozaki discusses Japan’s financial crime threat landscape and how firms can mitigate risk through effective governance.

Capital / Liquidity

Japan’s Norinchukin Bank to Raise $7.7b in Capital

By Manesh Samtani | 22/05/2024

The bank needs to strengthen its capital base after interest rate increases went beyond expectations and caused significant unrealised losses on its foreign bond investments.

Capital / Liquidity

Japan FSA to Take Control of Two Regional Banks

By Editors | 22/05/2024

The FSA will obtain 63 percent of voting rights in Jimoto Holdings, which operates Kirayaka Bank and Sendai Bank.

Capital / Liquidity

FSA Japan Issues Order Over Use of Falsified Data in Stress Tests

By Nithya Subramanian | 16/05/2024

Avatrade Japan used falsified data in stress tests to conceal its poor results and avoid having to increase capital.

Capital / Liquidity

Japan Outlines Plans for Next Climate Scenario Analysis Exercise

By Editors | 14/05/2024

The results of the first exercise were published in August 2022. The second exercise will cover a shorter time horizon.

Japan Advances Work to Create New Guidelines for VC Firms

By Manesh Samtani | 01/05/2024

The Principles will seek to better align the investment and engagement practices of Japanese VC firms with international standards.

Japan FSA Scrutinising Bank Lending Practices – Reports

By Editors | 27/04/2024

The FSA is concerned that non-performing loans could emerge following the move away from negative interest rates starting last month.

AML / KYC

FSA Launches AML Probe into Tokyo’s Kiraboshi Bank

By Mark Johnston | 25/04/2024

The bank did not perform checks on around 80 large remittances made by a customer over less than two months, despite the suspicious circumstances.

Market Infrastructure

BOJ, FSA Publish Results from Cybersecurity Self-Assessments

By Mark Johnston | 25/04/2024

The results reveal that challenges remain in securing and training cybersecurity personnel and managing third-party risks.