Japan

The guideline has been drafted in accordance with the Climate Transition Finance Handbook published by ICMA in December.

The changes will improve board independence, promote board diversity, and enhance climate-related and ESG disclosures by top-tier listed companies.

The FSA has written to the JVCEA advising it to start preparing for the implementation of the travel rule in Japan's crypto industry.

The first phase of testing will involve experiments on the basic functions of the CBDC as a payment instrument.

The delay of 263 transactions for corporate clients was said to be caused by a malfunction in a disk storage device made by Hitachi.

QUICK Benchmarks, formed in January 2021, has been publishing TORF prototype rates weekly since May 2020 and daily since October 2020.

The link supports DvP settlement of the HKD sale and repo transactions using JGB as collateral, eliminating settlement risk on such transactions.

The BOJ Liaison and Coordination Committee will share details and provide updates on the PoC with the private sector and the government.

Bank examinations will include assessments of efforts to address climate-related risks, and work is underway to identify possible approaches to climate-related scenario analysis.

The BOJ is engaged in active dialogue with FIs on climate-related financial risks, with a view to formulating evidence-based revisions to financial regulations.