JAPAN

Japan, Netherlands Sign MoC on Banking Supervision

By Editors | 31/07/2024

Japan’s FSA and the Dutch central bank agree to cooperate and exchange information necessary for the supervision of banks that operate in both jurisdictions.

Securities / Derivatives

Japan Seeking More Foreign Participation in JGB Market

By Editors | 31/07/2024

The government reportedly plans to designate brokerage firms to work on outreach activities to attract overseas investors into the JGB market.

Securities / Derivatives

Tokyo Bourse to Explore Smaller Investment Units for Stock Market

By Sanday Chongo Kabange | 25/07/2024

The TSE has established a study group that will explore measures to make it easier for individual investors to participate in the stock market.

Sanctions

Japan Imposes First Sanctions Against Israelis in West Bank

By Editors | 24/07/2024

Japan designated four Israeli settlers involved in violent acts against Palestinians as targets for asset freezing measures.

Crypto / Digital Assets

Crypto Firm Gate.io Leaves Japanese Market to Comply With Law

By Thisanka Siripala | 24/07/2024

Gate.io said it has stopped opening new accounts for Japanese residents and will remove Japanese language support.

Securities / Derivatives

Tokyo Bourse Now Requires Earnings Reports in HTML Format

By Editors | 23/07/2024

The TSE has been testing the use of HTML format for disclosures by listed companies since December 2021. HTML submission is now mandatory.

Enforcement

MUFG Pledges to Prevent Recurrence of ‘Firewall’ Breaches

By Editors | 22/07/2024

MUFG will cut the pay of several top executives and has pledged to implement specific improvement measures to prevent any recurrence.

Enforcement

Visa Suspected of Violating Japan’s Antimonopoly Act – Reports

By Editors | 21/07/2024

The FTC is probing Visa’s local unit and plans to explore whether its US headquarters and Singapore unit played a role in the suspected violations.

ESG / Sustainability

Japan FSA to Promote Earlier Issuance of Annual Reports

By Editors | 20/07/2024

The FSA will soon hold a market consultation on measures to encourage companies to issue annual reports early, as recommended by the ICGN.