FINANCIAL SERVICES AGENCY

    image

    Crypto / Digital Assets

    MAS Establishes Project Guardian Policymaker Group

    By Editors | 30/10/2023

    MAS will work with Japan’s FSA, the UK’s FCA and Switzerland’s FINMA to advance the development of tokenised digital assets.

    image

    Japan FSA Directs Banks to Further Improve Internal Audit Function

    By Editors | 29/10/2023

    The sophistication of internal audits differs across banks, largely due to the degree of involvement by management, the FSA says.

    image

    Enforcement

    Japan FSA Orders Report Explaining Zengin-Net Outage

    By Sanday Chongo Kabange | 18/10/2023

    Zengin-Net has to produce a report explaining last week’s outage and measures taken to prevent a recurrence.

    image

    Japan Considers New Law to Ease Loan Access for Small Businesses

    By Sanday Chongo Kabange | 17/10/2023

    The proposed law would allow startups and other SMEs to obtain loans based on intangible assets such as their technological capabilities or customer base.

    image

    Market Infrastructure

    Japanese, Korean Regulators Agree to Strengthen Cooperation

    By Sanday Chongo Kabange | 06/10/2023

    The FSA and FSC will cooperate on financial stability, climate change, and digitalisation of financial services. KFB and JBA also signed an MoU.

    image

    ESG / Sustainability

    Japan PM Signals Support for Sustainable, Impact Investing

    By ESG Investor | 04/10/2023

    Japanese Prime Minister Fumio Kishida said a plan would be finalised by year-end to channel a greater share of savings into sustainable investment vehicles.

    image

    Capital / Liquidity

    Japan to Test Banks’ Resilience Against Social Media-Driven Runs

    By Mark Johnston | 03/10/2023

    Japan’s FSA plans to test the resilience of around 20 banks against social media-fuelled runs, responding to the failure of Silicon Valley Bank in the US.

    image

    Market Infrastructure

    RBI, ESMA Close to Resolving Stand-Off Over CCPs – Report

    By Manesh Samtani | 07/09/2023

    Discussions regarding MoUs between the RBI and ESMA are reported to be progressing more smoothly and regularly.

    image

    Crypto / Digital Assets

    Japan FSA Asks Government to Review Crypto Tax Policy

    By Editors | 04/09/2023

    The FSA is seeking a review of the existing requirement for companies to pay tax on unrealised crypto gains.

    image

    Capital / Liquidity

    Japan to Inject Public Funds into Regional Bank

    By Editors | 04/09/2023

    Kirayaka Bank will become the first regional bank in Japan to receive public funds since 2014.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team