Japan

Cryptocurrency

FSC Korea Plans Organisational Review to Bolster Crypto Oversight

By Mark Johnston | 21/11/2025

FSC study will explore options for optimising its structure to enhance its oversight of virtual assets and capital markets, and better manage other national priorities.

Climate Risk

NGFS Issues Updated Climate Scenario Analysis Guide for Supervisors

By Sanday Chongo Kabange | 21/11/2025

The updated guide reflects maturing practices and introduces short-term scenarios for assessing near-term policy and weather-related shocks.

Cryptocurrency

Japanese Asset Managers Consider Crypto Funds Amid Regulatory Thaw - Report

By Sanday Chongo Kabange | 20/11/2025

Six major firms including Nomura and SBI are exploring crypto investment trusts, contingent on key tax and legal reforms.

Cryptocurrency

Japan: FSA Guidance Prompts Termination of Crypto ETF Derivatives Offering

By Mark Johnston | 19/11/2025

Japanese brokerage IG Securities will withdraw Bitcoin and Ethereum ETF contracts after the FSA deemed offering derivatives on overseas crypto products ‘undesirable’.

Structural Regulation

Japan Proposes 5x Hike in Threshold for Prospectus Exemption

By Manesh Samtani | 19/11/2025

A working group discussed raising the threshold to ease fundraising for startups and refining the professional investor framework.

Anti-Money Laundering

Japan Sets New Rules for Donations Using Prepaid Instruments

By Manesh Samtani | 18/11/2025

New framework enables donations via prepaid payment instruments to limited recipients, seeking to balance fraud prevention with the need for innovation.

Conduct, Culture & Accountability

Japan to Revise Corporate Governance Code to Target Employee Wages

By Sanday Chongo Kabange | 18/11/2025

The move signals a potential reversal of shareholder-friendly reforms and aims to encourage companies to increase employee wages amid rising inflation.

Clearing & Post-Trade

Japan Expands Clearing Eligibility to Include Active ETFs

By Sanday Chongo Kabange | 18/11/2025

The amendment aims to boost liquidity for actively managed funds by making them eligible for obligation assumption services.

Cryptocurrency

Japan to Reclassify 105 Cryptoassets as Financial Products

By Sanday Chongo Kabange | 17/11/2025

The move would bring tokens like Bitcoin under the Financial Instruments and Exchange Act, introducing new disclosure rules and a potential tax cut.