Japan FSA Urges Banks to Provide M&A Support to Corporate Clients

06/09/2024

The FSA is asking FIs to develop internal expertise to help guide businesses through mergers and acquisitions, including for post-merger integration.

Enforcement

Japanese Insurers Under Microscope for 2.5m Data Breaches

06/09/2024

Four insurance agencies found leaks of personal information by employees to try and win business and encourage customers to switch providers.

Crypto / Digital Assets

Japan FSA Calls for Lower Taxes on Crypto for Individuals

05/09/2024

The FSA says gains from trading and investing in crypto should be taxed at a 20% flat rate, the same as traditional financial assets.

Securities / Derivatives

Japan’s MUFG Bank to Enter Electricity Futures Market

04/09/2024

New approvals from TOCOM and JSCC allow MUFG Bank to offer clients trade execution and clearing services in the electricity futures market.

Capital / Liquidity

Japan FSA to Strengthen Monitoring of Financial Institutions

04/09/2024

The FSA’s priorities include a stronger focus on corporate governance, risk management, and the asset management reforms.

Crypto / Digital Assets

Crypto Firm Gate.io Leaves Japanese Market to Comply With Law

24/07/2024

Gate.io said it has stopped opening new accounts for Japanese residents and will remove Japanese language support.