Japan

AML / KYC

FinCEN Files Reveal AML Failures at Global Banks

By Manesh Samtani | 21/09/2020

The trove of documents shows that the banks allowed $2tr to flow through the financial system despite having flagged the transactions as suspicious.

AML / KYC

Japan FSA Probes E-money Providers as More Thefts Emerge

By Sanday Chongo Kabange | 16/09/2020

NTT Docomo has reported additional cases of thefts through its e-money service. Japan Post Bank has identified similar thefts via five other operators.

Enforcement

Japan: Nomura Employee Leaks Client Information to Securities Firm

By Editors | 14/09/2020

Nomura has apologised for the incident and pledged to strengthen its management of customer information. It will also consider taking legal action against the offending staffer.

AML / KYC

Japanese Police Probe Thefts from NTT Docomo E-money Service

By Editors | 11/09/2020

NTT Docomo reportedly did not notify many of its partner banks after similar thefts last year, a warning which may have allowed them to bolster authentication protocols.

Fintech / Regtech

Tokyo Bourse, IHS Markit to Combine Securities Finance Data

By Sanday Chongo Kabange | 08/09/2020

The combined dataset will provide five years of historical short selling and stock loan data covering Japanese equities for use in portfolio analysis and construction.

Securities / Derivatives

TOCOM Seeks Market Makers for Electricity Futures Contracts

By Sanday Chongo Kabange | 07/09/2020

The market maker programme will ensure smooth execution of transactions and improve liquidity in the electricity futures market.

Securities / Derivatives

Tokyo Stock Exchange to Pilot Test RFQ Functionality

By Editors | 01/09/2020

The initiative is aimed at making ETF trading more efficient by connecting institutional investors, securities companies, and market makers more closely.

Securities / Derivatives

CSRC Approves Daiwa for Majority Owned Securities Joint Venture

By Editors | 31/08/2020

Daiwa will own 51% of the securities joint venture through which it will be seeking licences to provide brokerage, investment banking, and securities underwriting services.

Market Infrastructure

Japan FSA to Ease Administrative Procedures for Foreign Entrants

By Editors | 30/08/2020

The FSA will soon release financial administration guidelines setting out measures that may make it easier for foreign firms to set up in Japan.