Financial Services Agency

    Fintech / Regtech

    Japanese Investors to Gain Access to Digital Securities via ADDX

    By Editors | 14/11/2021

    Through securities broker Tokai Tokyo, ADDX (formerly iSTOX) will offer Japanese investors access to tradeable security tokens backed by real estate and other assets.

    ESG / Sustainability

    Japan FSA Reaffirms Commitment to Sustainable Finance Strategy

    By Sanday Chongo Kabange | 09/11/2021

    The strategy highlights efforts to enhance disclosures, develop green bond markets, and ensure FIs manage climate risk and support borrowers.

    Capital / Liquidity

    Japan FSA Proposes Revisions to Leverage Ratio Requirements

    By Editors | 07/11/2021

    For internationally-active banks, the new leverage ratio requirements will commence from 31 March 2023 and for other banks one year later.

    ESG / Sustainability

    Tokyo Revises Global City Vision, Pivots To Green Finance

    By Mark Johnston | 04/11/2021

    Tokyo has launched version 2.0 of its global financial city ambitions, with green financing and fintech becoming central pillars of its revised strategy.

    Enforcement

    SMBC Nikko Securities Under Market Manipulation Probe – Report

    By Ranamita Chakraborty | 04/11/2021

    Employees are said to have traded several stocks to support their prices to ensure the completion of block deals conducted after market hours.

    AML / KYC

    Japan to Require Companies to Disclose Major Shareholders

    By Editors | 03/11/2021

    Banks will be able to ask companies to submit information about their major shareholders when opening accounts or making loans.

    Securities / Derivatives

    Japan Unifies Licensing System for Financial Services

    By Editors | 03/11/2021

    The change will allow agents of financial service firms to sell financial products such as loans, investments and insurance under a single license.

    Market Infrastructure

    Transition Away From JPY LIBOR Making ‘Great Progress’

    By Editors | 02/11/2021

    More than 85% of loans and over 99% of derivatives that reference JPY LIBOR and mature after 2021 already incorporate fallback provisions.

    Securities / Derivatives

    Japan FSA Finalises Guidelines on Social Bond Issuance

    By Editors | 31/10/2021

    Under the guidelines, social bond issuers have to make annual disclosures on the use of the proceeds and the social benefits they yield.

    ESG / Sustainability

    Japan Developing Certification Framework For ESG Related Bonds

    By Mark Johnston | 29/10/2021

    Japan’s FSA will also formulate codes of conduct for ESG evaluation organisations, covering transparency, fairness, and good governance.

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