Japan

The FSA will share access to the new system, which will use AI to monitor for unusual transactions and persons suspected of illegal activity.

Taro Aso said at a press conference that he thinks it’s important to "thrash out" policy measures regarding digital currency issued by central banks.

In March 2020, the BOJ said it aims to buy at least JPY 6 trillion worth of ETFs a year with an upper limit set at JPY 12 trillion.

The Osaka Digital Exchange, expected to launch in 2022, will provide an alternative to the TSE and strengthen Osaka’s proposition as a financial hub.

The former trader manipulated the price of 10-year swap spreads to reflect lower pricing of bonds and a related swap, at the expense of the issuer.

The trading rule revisions clarify that orders entrusted by customers with trading participants remain valid even if bids and offers are cancelled by TOCOM.

The exchanges agreed to broaden the lineup of products available under the scheme and to collaborate in other areas including sustainable finance.

The new project, known as J-Quants, will seek to help individuals learn about data-driven portfolio analysis and investment methods.

The TSE expects the new API services to enable financial institutions to digitise their business processes and fintechs to create new investment-related information services.

Japan’s decision to keep TIBOR may slow the adoption of TONA, lengthening the time needed to generate liquidity in TONA derivatives and establish forward-looking TONA rates.