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Enforcement
Japan FSA Orders MUFG to File Report on Safe Deposit Box Thefts
By Sanday Chongo Kabange | 18/12/2024
The FSA ordered MUFG Bank to submit a report on the theft of customer assets from 60 safe deposit boxes by a former employee.
Enforcement
JPX Penalises Nomura Over JGB Futures Manipulation Case
By Sanday Chongo Kabange | 17/12/2024
OSE has imposed a fine and a threeday JGB futures trading suspension on Nomura Securities while the TSE issued a reprimand.
Fintech / Regtech
Model Risk Management at Japan Banks Gaining Sophistication: FSA
By Manesh Samtani | 15/12/2024
The FSA says FIs should continue refining their model risk management frameworks, prioritising AI-specific models.
Securities / Derivatives
ICE and EEX Expand Offerings in Japan’s Energy Market
By Thisanka Siripala | 13/12/2024
ICE has added Japanese power futures to its product suite while EEX said it will launch Japanese power monthly options in February.
Securities / Derivatives
TSE Connects ETF Platform to Bloomberg Execution Platform
By Editors | 10/12/2024
The Tokyo Stock Exchange said the connection will enable global investors to more easily access and trade Japan-listed ETFs.
Enforcement
Nomura Announces Measures to Address Unethical Behaviour by Staff
By Thisanka Siripala | 05/12/2024
Ten executives will take pay cuts and staff monitoring will be enhanced after a former employee was indicted on attempted murder charges.
Japan FSA Calls on FIs to Provide Flexible Lending to Businesses
By Thisanka Siripala | 05/12/2024
The FSA urges FIs to prioritise flexible loans and repayment plans tailored to the circumstances of each business.
Securities / Derivatives
Mitsubishi Reports $90m Loss from Rogue Copper Trader at China Unit
By Nithya Subramanian | 04/12/2024
Mitsubishi Corp said that a Shanghai-based trader made unauthorised transactions with local businesses that defaulted on their payments.
Crypto / Digital Assets
DMM Bitcoin to Shut Down, Transfers Assets to SBI Subsidiary
By Mark Johnston | 04/12/2024
DMM Bitcoin has been unable to recover from the May theft of approximately 4,502.9 Bitcoins and has decided to shut down operations.
ESG / Sustainability
Tokyo Government to Pilot Green Hydrogen Auction-Based Trading
By Thisanka Siripala | 03/12/2024
TOCOM will assist in the design and execution of a pilot project to support the creation of a hydrogen exchange in Tokyo.
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