JAPAN

Market Infrastructure

Japan Cyber Agency Hit by State-Sponsored Hack – Report

By Editors | 29/08/2023

THe breach initially occurred in October last year. NISC did not spot the problem until June this year and then disclosed it on 4 August.

Capital / Liquidity

Tokyo Bourse Approves Japan’s First Active ETF Listings

By Editors | 22/08/2023

Two active ETFs, both managed by Nomura Asset Management, will list on the Tokyo Stock Exchange on 7 September.

Crypto / Digital Assets

MUFG, NTT Data Announce Partnership on Digital Corporate Bonds

By Editors | 14/08/2023

NTT Data will connect its corporate bond issuance infrastructure directly to MUFG’s Progmat platform for issuing security tokens.

AML / KYC

Japan Warns of Surge in Phishing Attacks Targeting Internet Banking Users

By Mark Johnston | 09/08/2023

The FSA and NPA say the number of phishing cases reached 2,322 in the first half of 2023, the highest number ever.

Securities / Derivatives

TSE Signs Agreement to Provide Japanese Investors Access to US Securities

By Editors | 09/08/2023

The MoU between the Tokyo Stock Exchange and Blue Ocean Technologies will enable Japanese investors to trade US stocks during their daytime hours.

Enforcement

FSA Japan Probes Insurers Following Price-Fixing Allegations

By Editors | 06/08/2023

Four insurers allegedly colluded on setting premiums for clients such as oil refiners, steel companies and public transportation operators.

Enforcement

FSA Japan Probes Sales of Credit Suisse AT1 Bonds

By Editors | 04/08/2023

At least one Japanese investor was told around fall last year that Credit Suisse AT1 bonds were safer than stock.

Big Picture

BIS Paper Offers Analysis of BOJ ETF Purchase Programme

By Editors | 04/08/2023

The programme provides a short term boost to stock prices, but impacts to the securities lending market diminish its effectiveness.

ESG / Sustainability

Sustainable Finance in Japan Makes Steady Progress: FSA

By Ranamita Chakraborty | 02/08/2023

The Japanese FSA’s expert panel on sustainable finance has published its third progress report on sustainable finance initiatives in the country, highlighting policy trends and updates.