Financial Services Agency

Enforcement

Japan Supreme Court Issues Rare Directive on Insider Trading

By Thisanka Siripala | 27/11/2024

The directive is a response to a case involving a judge who allegedly used confidential information obtained through his role to profit from stock trading.

Fintech / Regtech

Japan FSA Using AI to Streamline Operations and Improve Efficiency

By Thisanka Siripala | 26/11/2024

The FSA introduced a system that can quickly search through documents held by different departments and then summarise their contents.

Crypto / Digital Assets

Japan’s FSA to Introduce Lighter Regulations for Crypto Brokers

By Thisanka Siripala | 26/11/2024

The FSA is exploring the creation of a new “intermediary business” with lighter regulations for enterprises handling cryptocurrency and stablecoins.

Japan’s FSA Finalises Recommendations for VC Industry

By Thisanka Siripala | 14/11/2024

The recommendations focus on elevating VC governance standards to attract more capital into startups from institutional investors.

Enforcement

Nomura Asked to Probe Attempted Murder Case Involving Ex-Employee

By Editors | 12/11/2024

The FSA has asked Nomura to review the incident and analyse its root cause and background, and come up with solutions.

Market Infrastructure

Japan FSA to Relax Rules on Proprietary Trading Systems – Report

By Thisanka Siripala | 10/11/2024

The FSA plans to ease trading volume caps which restrict proprietary trading systems from employing auction-based trading methods.

Crypto / Digital Assets

Japan to Introduce New Legislation to Safeguard Crypto Assets

By Thisanka Siripala | 08/11/2024

Legislation will require foreign-based crypto exchanges facing financial distress to maintain crypto assets belonging to domestic investors in Japan.

Market Infrastructure

Japan FSA Proposes to Open Access to Foreign Financial Services

By Thisanka Siripala | 08/11/2024

Currently, Japanese investors face certain restrictions when accessing foreign financial platforms. A proposed amendment will change this.

Enforcement

Japan FTC Fines Four Non-Life Insurers for Collusion

By Thisanka Siripala | 08/11/2024

The four insurers engaged in price-fixing activities in violation of the Antimonopoly Act, resulting in total penalties of ¥1.95bn, or $13mn.