Japan

The BOJ will offer zero-interest funds to FIs making loans and investments to tackle climate change, study the programme's impacts, and make adjustments when necessary.

A measure will be introduced enabling FIs to receive funds from the BOJ against investments or loans made in support of efforts to address climate change.

The FSA's Hiroshi Ozaki said the banking sector is planning to deploy a shared transaction monitoring and screening system for AML/CFT across the industry.

The guidelines are aimed at promoting the issuance of social bonds by the private sector and preventing 'social washing'.

The FSA has reportedly created a new position to head the section, which will also oversee decentralised finance and deepen dialogue with foreign regulators.

The FSA and BOJ are reportedly looking to better understand whether AML, anti-fraud, and cybersecurity measures at FIs are adequate.

JBA chairman Makoto Takashima says stopping funding for “brown” companies could choke off investment necessary to achieve carbon neutrality.

A new team being formed under the Cabinet Secretariat may help overcome the current fragmented bureaucracy and enhance cross-agency coordination.

The BOJ has cut its bond purchase targets, reflecting a desire to make the market more active after its own policy led to stagnant trading.

Singapore-based Omni-Plus System is only the second foreign company to list JDRs, after US chip design company Techpoint's 2017 offering.