Japan

AML / KYC

Japan Strengthens Measures to Prevent Fraudulent Use of Bank Accounts

By Manesh Samtani | 26/08/2024

The FSA and National Police Agency have asked FIs to implement enhanced measures to prevent the fraudulent use of bank accounts.

Japan to Require Foreign Investment Reviews for More Industries

By Editors | 20/08/2024

Foreign investment in companies that produce machinery, equipment, parts, and materials used in semiconductor manufacturing will be subject to review.

Fintech / Regtech

Getting Your Ducks in a Row for APAC Rules Rewrites

By Priya Kundamal | 19/08/2024

DTCC’s Priya Kundamal discusses the lessons learned from markets that have implemented the first phase of changes to derivatives reporting rules.

Fintech / Regtech

Japan FSA to Start Using AI for Monitoring Soundness of FIs

By Editors | 17/08/2024

The new system is being put in place to speed up the detection of issues in the financial system and help prevent financial crises and bank failures.

Enforcement

FSA Japan Launches Probe into Cross-Shareholdings Disclosures

By Mark Johnston | 15/08/2024

The FSA will investigate whether 4,000 listed companies are transparently and accurately reporting their strategic shareholdings.

BOJ Pledges No Rate Hikes While Markets are “Unstable”

By Editors | 08/08/2024

BOJ’s recent rate hike prompted a significant unwinding of the Japanese yen carry trade which fueled a rout in global stock markets.

ESG / Sustainability

CBI Develops Transition Strategy Toolkit for Japanese Firms

By ESG Investor | 03/08/2024

The new resource follows the ICMA’s thematic guidelines and TCFD disclosure requirements, aiming to help Japanese firms develop transition plans.

Market Infrastructure

BOJ Raises Interest Rate to Highest Level Since 2008

By Editors | 01/08/2024

The BOJ also said it would gradually reduce its monthly bond buying from JPY 6 trillion to JPY 3 trillion by Q1 2026.

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.