FINANCIAL SERVICES AGENCY

Fintech / Regtech

Japan FSA to Crack Down on Unlicensed Crypto Investment Firms

By Editors | 10/01/2019

Currently, investment firms collecting funds from investors in cryptocurrency do not explicitly fall under Japan’s Financial Instruments and Exchange Act.

Crypto / Digital Assets

UPDATED – Japan FSA Considers Approving Crypto ETFs

By Editors | 08/01/2019

The FSA is gauging industry interest in crypto ETFs, following its release of a new draft framework for the sector that could become law in 2020.

Crypto / Digital Assets

Japan FSA Publishes New Draft Framework on Crypto Assets

By Manesh Samtani | 19/12/2018

The framework will impose restrictions on privacy coin listings, margin trading, derivative transactions and ICOs, and introduce new requirements to protect investors against hacks.

Securities / Derivatives

Japan to Probe Corporate Bond Underwriting Practices

By Garima Chitkara | 14/11/2018

An FSA official told Bloomberg that the regulator will discuss the issue of unsold bonds held by underwriters during its regular discussions with market participants.

Market Infrastructure

Japan to Propose Amendments to Simplify Bank Merger Process

By Mark Pufpaff | 08/11/2018

Prime Minister Shinzo Abe instructed ministers to propose amendments to existing laws to simplify consolidation of regional banks, many of which are struggling to maintain profitability.

Crypto / Digital Assets

Crypto Players Welcome Hong Kong Regulation

By Garima Chitkara | 06/11/2018

New regulation could lead to industry consolidation and greater institutional money, said panellists at ASIFMA’s annual conference in Singapore.

Capital / Liquidity

Japan’s Suruga Bank to Receive $2.2bn Credit Line from BOJ

By Mark Pufpaff | 05/11/2018

The credit line is aimed at preventing a liquidity crunch after a scandal involving falsified proof of income and assets to approve loans resulted in mass withdrawals by depositors.

Market Infrastructure

Shinzo Abe’s Beijing Visit Paves Way for Financial Sector Cooperation

By Manesh Samtani | 29/10/2018

Forty years since the 1978 peace treaty marked by a series of MoUs between central banks, securities regulators, stock exchanges and industry bodies, among others.

Crypto / Digital Assets

Japan Allows Self-Regulation Among Cryptocurrency Exchanges

By Garima Chitkara | 25/10/2018

The Japan Virtual Currency Exchange Association has been given a “certified fund settlement business association” accreditation, allowing it to make rules and police domestic exchanges.