ADVERTISEMENT
Securities / Derivatives
Japan FSA Issues Guidance on Preventing Archegos-style Incidents
By Sanday Chongo Kabange | 24/04/2022
Firms with securities businesses are expected to draw lessons from the shortcomings observed in the Archegos incident in order to foster a sound risk culture.
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.
ESG / Sustainability
FSA Issues Guidance to Japanese FIs on Using NGFS Scenarios
By Editors | 19/04/2022
The guidance will help Japanese financial institutions use of the NGFS scenarios to conduct climate-related financial risk analysis, the FSA said.
Securities / Derivatives
Japan to Remove Quarterly Reporting Requirements
By Editors | 19/04/2022
Legislation will be introduced in 2023 to remove a requirement for listed companies to provide the government with audited quarterly financial statements.
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.
Enforcement
Tokyo Prosecutors Indict SMBC Nikko Securities Deputy President
By Editors | 14/04/2022
The former deputy president is suspected of colluding with other staff to illegally manipulate stock prices to keep block trade deals with clients from falling through.
Securities / Derivatives
FSA Issues Guidance for Asset Managers Moving to Japan
By Editors | 12/04/2022
Regulatory requirements have also been amended to allow foreign securities companies entering the Japanese market to submit their registration applications in English.
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.
Market Infrastructure
New Data Protection Requirements Enter into Force in Japan
By Manesh Samtani | 03/04/2022
Japan’s revised law on the protection of personal data raises penalties for non-compliance, tightens breach reporting requirements, and gives data subjects additional rights.
Market Infrastructure
Japan, EU Enhance Framework on Regulatory Cooperation
By Mark Johnston | 02/04/2022
The adoption of the regulatory cooperation framework follows the signing of an amended MoC by Japan’s FSA and ESMA.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team