Securities / Derivatives

English language disclosures are now part of the Corporate Governance Code, and considered a key factor to boost foreign participation in Japanese markets.

Firms offering ESG products should expect to be subject to review to ensure marketing materials are not misleading.

Companies will have to start disclosing climate-related information including GHG emissions data in annual reports and prospectuses in 2024.

Under the proposed rules, large hedge funds and PE funds would have to report their crypto exposures for the first time.

The agenda sets out measures to ensure financial stability, encourage digital transformation, improve the capital markets, and introduce new regulations for digital assets.

ESG-related information disclosed on each company's website for the most recent three months will be displayed on the portal.

The Ministry of Finance strengthened rules around offshore investments, risk monitoring, and debt restructuring for "zombie enterprises".

The framework will help LEAP Market companies transfer to the ACE Market, which offers a "more robust listing environment" and is open to the public.

Securities firms will be allowed to design more diversified trust products, enabling them to better meet customers' financial planning needs, the FSC said.

IFSCA is reportedly seeking to execute a merger between India INX and NSE IFSC, which are subsidiaries of BSE and NSE respectively.