Japan

Japan Bankers Association says the proposed infrastructure risk add-on will discourage banks from developing new DLT businesses.

Japan's final NSFR rules took effect from 30 September 2021. The rules to implement the LEX framework came into force on 1 April 2020.

Satoshi Ikeda, Chief Sustainable Finance Officer at Japan’s Financial Services Agency, is targeting increased action among asset owners.

The sanctions are a response to Putin's attempt to annex four regions of Ukraine, after holding referendums that have been denounced as illegal and coercive.

The SESC has recommended that the FSA punish SMBC Nikko Securities for stock price manipulation and shortfalls in its trading surveillance system.

The EU package includes an oil price cap and a complete ban on providing crypto services to Russians. UK targets include Gazprombank, Sberbank and Sovcombank board members.

The FSA plans to submit amendments to the Act on Prevention of Transfer of Criminal Proceeds to a parliamentary session next week.

The TSE says the disclosure of corporate information in English is becoming increasingly important to attract foreign investment.

Holiday trading is now allowed on Osaka Exchange and TOCOM - for index and commodity futures and options.

The TSE commenced pilot trading in J-Credits, which have been circulating on a voluntary basis in Japan since 2013. Trading began with 145 registered participants.