Japan

Market Infrastructure

Japan to Permanently Cease Euroyen TIBOR on 30 December

By Editors | 07/03/2024

ISDA confirmed that the announcement from JBA TIBOR Administration “constitutes an index cessation event”.

Big Picture

Japan’s Market and Corporate Reforms – New Dawn or Déjà Vu?

By Gavin Blair | 05/03/2024

Reforms to boost the capital market and asset management sector are driving optimism in Japan.

ESG / Sustainability

JPX Develops Method to Automate TCFD Disclosure Checks

By Mark Johnston | 05/03/2024

Large language models are used evaluate securities reports to check whether recommended TCFD disclosures were made.

ESG / Sustainability

Japan to Require Emissions Disclosures from Top-tier Firms

By Editors | 05/03/2024

The FSA is expected to release draft standards by end-March proposing requirements for Prime Market companies to disclose supply chain emissions data.

Sanctions

Japan Announces New Round of Sanctions on Russia

By Editors | 04/03/2024

The sanctions target a total of 12 individuals and 37 entities, add new export restrictions, and implement the G7 ban on Russian diamonds.

Enforcement

Japan: Major Insurers Commit to Divesting Cross-Held Shares

By Editors | 03/03/2024

The insurers also imposed disciplinary measures against 132 executives and employees, including pay cuts, over a price-fixing scandal.

Enforcement

SG Firm Allegedly Swindled JPY 135 Billion in Japan’s Largest Scam

By Nithya Subramanian | 01/03/2024

Sky Premium International has been accused of involvement in foreign exchange margin trading, labeled as an illegitimate “pyramid scheme”, wooing investors through a network of 570 salespeople.

Securities / Derivatives

JPX to Launch New Data Services Platform by End-March

By Editors | 28/02/2024

“J-LAKE” will centralise the management and analysis of financial and capital market data and help expand JPX’s data distribution services.

Sanctions

Russia is Procuring Tank Parts Made in Japan, Taiwan via China

By Editors | 25/02/2024

A Belarusian-owned company in Shenzhen has reportedly been acquiring tank parts from Japanese and Taiwanese manufacturers for use by Russia.