Financial Services Agency

Clearing & Post-Trade

JSCC to Adopt Standardised Framework for Regulatory Reporting

By Thisanka Siripala | 17/01/2025

JSCC will start using ISDA’s Digital Regulatory Reporting for reporting to the FSA and CFTC starting in June.

Climate Risk

Transition Plans Could Enhance Financial Stability Monitoring: FSB

By Mark Johnston | 16/01/2025

FSB says climate transition plans could be useful for monitoring financial stability risks but more standardisation and broader adoption are needed first

Anti-Money Laundering

AEON Bank President & Risk Head Dismissed Over AML Failures

By Thisanka Siripala | 15/01/2025

The president of AEON Financial Services also resigned after the banking subsidiary was ordered to correct serious AML deficiencies

Trading & Investment

Japan FSA Publishes Analysis of August 2024 Stock Crash

By Thisanka Siripala | 13/01/2025

The FSA said the crash was caused by several factors, including a thinning of the order book and a decline in algorithm-driven liquidity provision

Fraud, Scams & Cybercrime

Japan to Enhance Information Sharing on Illegally Used Bank Accounts

By Manesh Samtani | 10/01/2025

Mizuho, MUFG Bank, SMBC, Resona Bank, Joyo Bank, and Bank of Nagoya are participating in a JBA-led study group to develop a new information-sharing framework

Cryptocurrency

Japan FSA Outlines Tax Reform Proposals for Fiscal 2025

By Editors | 04/01/2025

The FSA aims to enhance the NISA system, simplify procedures related to tax treaties, and lower the tax on cryptocurrency gains.

Cybersecurity

Japan FSA Requests Self-Inspections from Crypto Exchanges

By Manesh Samtani | 02/01/2025

The JVCEA is asked to ensure member crypto exchanges assess their vulnerability to North Korean cyberattacks, focusing on wallet management.

Market Abuse

Japan: Former FSA and TSE Employees Charged for Insider Trading

By Editors | 01/01/2025

The former judge traded on insider information obtained through his work for the FSA. The former TSE employee fed inside information to his father.

Fraud, Scams & Cybercrime

Japan FSA Identifies Two More Safe Deposit Box Thefts

By Editors | 30/12/2024

There are now three cases of employees embezzling customer assets from safe deposit boxes at financial institutions.