Financial Services Agency

Anti-Money Laundering

Japan to Offer Investment Visas to Venture Capitalists – Report

By Editors | 18/03/2024

A new five-year residency visa will reportedly be available to angel investors and venture capitalists in the next few months.

Trading & Investment

Japan to Permanently Cease Euroyen TIBOR on 30 December

By Editors | 07/03/2024

ISDA confirmed that the announcement from JBA TIBOR Administration “constitutes an index cessation event”.

Trading & Investment

Japan’s Market and Corporate Reforms – New Dawn or Déjà Vu?

By Gavin Blair | 05/03/2024

Reforms to boost the capital market and asset management sector are driving optimism in Japan.

Reporting & Disclosures

Japan to Require Emissions Disclosures from Top-tier Firms

By Editors | 05/03/2024

The FSA is expected to release draft standards by end-March proposing requirements for Prime Market companies to disclose supply chain emissions data.

Conduct, Culture & Accountability

Japan: Major Insurers Commit to Divesting Cross-Held Shares

By Editors | 03/03/2024

The insurers also imposed disciplinary measures against 132 executives and employees, including pay cuts, over a price-fixing scandal.

Fraud, Scams & Cybercrime

SG Firm Allegedly Swindled JPY 135 Billion in Japan’s Largest Scam

By Nithya Subramanian | 01/03/2024

Sky Premium International has been accused of involvement in foreign exchange margin trading, labeled as an illegitimate “pyramid scheme”, wooing investors through a network of 570 salespeople.

Fraud, Scams & Cybercrime

HK-based Crypto Firm BitForex Disappears With User Funds

By Mark Johnston | 27/02/2024

$56mn in crypto was removed from the exchange before it stopped processing transactions and responding to user queries.

Clearing & Post-Trade

CFTC Grants TAIFEX Exemption to Clear Swaps for US Participants

By Manesh Samtani | 26/02/2024

TAIFEX has relied on temporary no-action relief since September 2022. ‘Exempt DCO’ status gives it a lasting right to clear OTC derivatives for US participants.

Trading & Investment

Japan to Allow Mutual Funds to Invest in Unlisted Shares

By Mark Johnston | 19/02/2024

The move will allow retail investors to buy into early stage startups, which will also gain access to more funding prior to an IPO.