Financial Services Agency

Japan FSA Issues Revised Guidelines for Moneylenders

By Thisanka Siripala | 25/03/2025

The updated guidelines aim to improve system risk management, address fraudulent practices, and strengthen IT governance.

Enforcement

Japanese Shinkin Bank Ordered to Rectify AML Failings

By Thisanka Siripala | 25/03/2025

Ugo Shinkin Bank didn’t implement the FSA’s AML/CFT Guidelines by March 2024 as required.

ESG / Sustainability

Japan FSA Releases Draft Revisions to Stewardship Code

By Thisanka Siripala | 25/03/2025

The key revisions aim to promote collaboration between institutional investors and improve transparency of the identities of beneficial shareholders.

Securities / Derivatives

CFTC Relaxes Reporting Rules for Japanese Swap Dealers

By Mark Johnston | 24/03/2025

The CFTC issued a staff interpretation in response to industry concerns raised by SIFMA on behalf of Japanese nonbank swap dealers.

Securities / Derivatives

JSDA Revises Rules on Digital Document Delivery

By Thisanka Siripala | 21/03/2025

Changes to JSDA’s self-regulatory rules aim to standardise and clarify the methods for providing information to customers electronically.

Japan to Strengthen Safe Deposit Box Security After Employee Thefts

By Thisanka Siripala | 21/03/2025

FSA guidelines will introduce industry-wide security standards for safe deposit box operations.

Capital / Liquidity

Taiwan Mandates Central Clearing for TWD Interest Rate Swaps

By Mark Johnston | 20/03/2025

TAIFEX launched OTC clearing services for TWD IRS contracts in 2022, but central clearing has not yet been mandatory.

Enforcement

Japan: Former Judge Seconded to FSA Admits to Insider Trading

By Thisanka Siripala | 20/03/2025

Prosecutors are seeking a two year sentence for the former judge who used non-public takeover bid information for stock purchases.

Securities / Derivatives

Japan Proposes Amendments to Tender Offer, Shareholding Disclosure Rules

By Thisanka Siripala | 19/03/2025

The amendments revise the scope exemptions from the public tender offer system and extend large shareholding disclosure requirements to include equity derivative transactions.