Japan

Credit Risk

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.

PEPs & Sanctions

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.

Market Risk

BOJ to Increase Bond Buying Despite Strain on Businesses

By Editors | 03/04/2022

The BOJ will increase the size of its buy-buying operations in the April-to-June quarter, despite pressure on the yen that is harming businesses.

Data Privacy

New Data Protection Requirements Enter into Force in Japan

By Manesh Samtani | 03/04/2022

Japan’s revised law on the protection of personal data raises penalties for non-compliance, tightens breach reporting requirements, and gives data subjects additional rights.

Clearing & Post-Trade

Japan, EU Enhance Framework on Regulatory Cooperation

By Mark Johnston | 02/04/2022

The adoption of the regulatory cooperation framework follows the signing of an amended MoC by Japan’s FSA and ESMA.

Market Risk

BOJ Defends Yield Target With ‘Unlimited’ Bond Buying

By Editors | 29/03/2022

The BOJ is buying Japanese government bonds every day this week until Thursday to keep yields low as it diverges from the US path.

CBDCs

Bank of Japan Concludes Phase One CBDC Testing

By Editors | 28/03/2022

Phase one testing explored the feasibility of CBDC issuance, distribution and redemption. Phase two will test additional functions starting next month.

Trading & Investment

Egypt Becomes First Middle East Nation to Issue Samurai Bonds

By Editors | 27/03/2022

Egypt has become the first country in the Middle East to issue samurai bonds in the Japanese market.

Market Abuse

Tokyo Prosecutors Indict SMBC Nikko Securities, Five Others

By Editors | 24/03/2022

Prosecutors have filed charges against SMBC Nikko Securities and five others. The head of the firm’s equity division was also arrested.