Japan

AML / KYC

Use of AI for AML Could Lower Effectiveness: Report

By Bradley Maclean | 14/03/2024

A new report from NICE Actimize and Regulation Asia sheds light on APAC’s use of technology to fight financial crime.

Securities / Derivatives

SGX Unveils Plans to Launch SORA, TONA Derivatives

By Nithya Subramanian | 13/03/2024

Interest rate futures linked to the SORA and TONA will serve as cost-effective and transparent hedging and trading tools for investors.

Fintech / Regtech

JPX Launches AI Service for TSE Company Insights

By Mark Johnston | 13/03/2024

JPX has unveiled a new AI service that can provide more detailed insights into Tokyo Stock Exchange listings.

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.