JAPAN

AML / KYC

FSA Offers Update on Work to Strengthen Japan’s AML System

By Manesh Samtani | 17/04/2022

Discussions are underway on the implementation of a new shared transaction monitoring and screening system. A new ‘beneficial ownership list system’ has been established.

Fintech / Regtech

BOJ Offers Clues on Path Forward for CBDC Issuance

By Manesh Samtani | 15/04/2022

The BOJ has commenced phase two testing on a CBDC. Later this fiscal year, it plans to seek input from the public on how a CBDC might benefit businesses and the overall payments landscape.

Enforcement

Tokyo Prosecutors Indict SMBC Nikko Securities Deputy President

By Editors | 14/04/2022

The former deputy president is suspected of colluding with other staff to illegally manipulate stock prices to keep block trade deals with clients from falling through.

Securities / Derivatives

FSA Issues Guidance for Asset Managers Moving to Japan

By Editors | 12/04/2022

Regulatory requirements have also been amended to allow foreign securities companies entering the Japanese market to submit their registration applications in English.

Fintech / Regtech

JPX to Provide Free Market Data to Retail Investors

By Sanday Chongo Kabange | 09/04/2022

JPX plans to launch a beta version of an API for retail investors under its ‘J-Quants’ project, and is inviting early adopters to apply for early access.

ESG / Sustainability

JPX, QUICK Corp Publish Explanations on ESG Issues

By Editors | 07/04/2022

The document provides guidance on the issues facing Japanese companies when it comes to ESG disclosures.

Market Infrastructure

Tokyo Bourse Starts Trading Under New Market Structure

By Manesh Samtani | 06/04/2022

The launch of the new structure saw trading progress smoothly, with no system problems or technical glitches, although trading volume was thin.

Market Infrastructure

BOJ Publishes Details on Planned Bank Examinations for Fiscal 2022

By Manesh Samtani | 05/04/2022

Key areas of focus for the BOJ will be to assess how banks are managing climate risk, credit risk, cross-border loans, and cybersecurity.

AML / KYC

Japan, US Impose More Sanctions Over DPRK Missile Tests

By Mark Johnston | 05/04/2022

Japan sanctioned 4 Russia-based entities and 9 other individuals. The US sanctioned 5 more North Korean entities.