Japan

Cryptocurrency

FTX EU Begins Allowing Customers to Withdraw Funds

By Editors | 05/04/2023

FTX EU set up a website through which balances can be verified and requests for withdrawals in fiat currency can be made.

Trading & Investment

Digital Vote Execution Service to Launch for Tokyo Market

By Editors | 04/04/2023

Issuers, investors and local sub custodians will gain efficiency and greater transparency from the new digitised e-voting service.

Trading & Investment

JPX to Launch Index of Stocks that Focus on Value Creation

By Editors | 03/04/2023

The index will comprise 150 Prime Market companies that are expected to create value based on financial performance or market valuation.

Trading & Investment

Citadel Seeking Licence to Relaunch Japan Hedge Fund Office

By Editors | 03/04/2023

Citadel shut down its Japan operations during the 2008 GFC, but is seeking to reopen in Tokyo by the end of the year.

CBDCs

Japan to Create Expert Panel on CBDCs Within April

By Editors | 02/04/2023

The launch of the panel will coincide with the start of a digital yen pilot programme involving the BOJ and private sector participants.

Structural Regulation

Mizuho, LINE Scrap Plans to Launch New Digital Bank

By Editors | 31/03/2023

The plan was to make banking services available on LINE’s popular smartphone app, but the project is now being abandoned.

Anti-Money Laundering

26 Countries Commit to Transparent Beneficial Ownership

By Manesh Samtani | 29/03/2023

The US-led initiative commits participating countries to implementing the FATF’s revised Recommendation 24 to combat corruption.

Structural Regulation

JBATA Finalises Fallback Methodology for TIBOR Contracts

By Manesh Samtani | 21/03/2023

JBATA has finalised the fallback provisions for cash products referencing JPY TIBOR or Euroyen TIBOR. The changes will take effect on 1 April.

Liquidity Risk

Central Banks Coordinate Action to Ensure Global USD Liquidity

By Editors | 20/03/2023

From Monday until at least the end of April, the Fed and other central banks will make US dollars available on a daily basis, rather than weekly.