Japan

AML / KYC

Japan: Major Banks Sign Data Sharing Agreement with NPA

By Thisanka Siripala | 19/06/2025

The banks will share information with police on transactions and accounts identified as being linked to fraud.

Crypto / Digital Assets

JVCEA Makes Multi-factor Authentication Mandatory for Members

By Thisanka Siripala | 17/06/2025

The measure comes after a spate of unauthorised transactions in securities accounts this year, highlighting a need to strengthen login security.

Japan FSA Orders Sompo Insurance to Explain Data Breach

By Thisanka Siripala | 17/06/2025

The data breach potentially affected 17.48 million pieces of customer data, including names and insurance policy numbers.

AML / KYC

JBA Implements Ban on Cash Storage in Safe Deposit Boxes

By Thisanka Siripala | 17/06/2025

Revised JBA guidance will prohibit the storage of cash in safe deposit boxes, in line with the FSA’s revised supervisory guidelines.

Securities / Derivatives

JSDA Issues Operational Guidelines for Stock Holding Schemes

By Thisanka Siripala | 17/06/2025

The guidelines set rules for how securities firms manage employee, officer and partner shareholding plans.

Enforcement

JSDA Investigates Brokerages Over Unsuitable Bond Sales

By Editors | 15/06/2025

The probe is said to be focused on client suitability, sales practices, and over-reporting of investor demand by FIs.

Securities / Derivatives

Japan’s FSA to Revise REITs Rules to Include Data Centre Equipment

By Thisanka Siripala | 13/06/2025

The rules will allow Japanese REITs to count data centre equipment like cooling systems and backup power as real estate assets.

Fintech / Regtech

Japan FSA Approves Sony Bank PoC to Test DeFi Services Model

By Thisanka Siripala | 12/06/2025

The project will explore whether automated market makers on public blockchains can comply with Japanese KYC and AML rules.

AML / KYC

Japan FSA Highlights Increase in Internet Banking Fraud

By Editors | 12/06/2025

FSA released data on the state of fraudulent activity involving banking services, highlighting increased internet banking fraud and compensation trends.