JAPAN

ESG / Sustainability

Japan FSA Seeks Industry Input on Impact Investment Guidelines

By Editors | 01/08/2023

The guidelines set out four key principles of impact investment, and encourages dialogue with investee companies to assist them in creating or accelerating change.

Crypto / Digital Assets

Japan Blockchain Association Proposes Reforms to Crypto Tax Regime

By Editors | 31/07/2023

The JBA is seeking the abolishment of the year-end tax on unrealised gains from tokens issued by third parties, among other reforms.

Market Infrastructure

BOJ Surpises Market With Tweak to Monetary Policy Stance

By Editors | 31/07/2023

The tweak is seen as a small step towards normalisation. Analysts have warned that the BOJ’s monetary policy stance harms the economy and distorts the bond market.

ESG / Sustainability

Japan Names 17 Firms That Endorse New Code of Conduct on ESG Data

By Editors | 30/07/2023

Endorsers include Bloomberg LP, Clarity AI, FTSE Russell, ICE, ISS ESG, Moody’s Japan, Morningstar Sustainalytics, MSCI ESG Research, Refinitiv, and S&P Global Ratings Japan.

Securities / Derivatives

Tokyo Bourse to Revise Guidance on Minimum Investment

By Editors | 29/07/2023

The move is aimed at encouraging companies to lower their minimum investment size and making shares more affordable for retail investors.

Crypto / Digital Assets

BOJ Holds First Meeting of Expert Panel on CBDCs

By Editors | 21/07/2023

The first meeting of the CBDC Forum was held on Thursday, including participation from about 60 private business operators.

Securities / Derivatives

Tokyo Stock Exchange Announces New Listing Rules for Active ETFs

By Ranamita Chakraborty | 30/06/2023

Starting from today (30 June), the exchange will begin accepting applications for the initial listing of actively managed ETFs.

Fintech / Regtech

FSA, BOJ Offer Update on Joint Data Collection Project

By Mark Johnston | 26/06/2023

In the second half of fiscal 2023, regulators will use the new platform to start collecting “highly granular data on corporate lending” in stages, the FSA said.

Enforcement

Japan FSA Takes Administrative Action Against Two Banks

By Editors | 24/06/2023

The banks sold risky structured bonds to clients without checking their investment experience and explaining the risks.