Financial Services Agency

ESG / Sustainability

Japan Names 17 Firms That Endorse New Code of Conduct on ESG Data

By Editors | 30/07/2023

Endorsers include Bloomberg LP, Clarity AI, FTSE Russell, ICE, ISS ESG, Moody’s Japan, Morningstar Sustainalytics, MSCI ESG Research, Refinitiv, and S&P Global Ratings Japan.

ESG / Sustainability

MAS Proposes Industry Code for ESG Data Providers

By Editors | 28/06/2023

The code establishes industry standards of transparency in methodologies and data sources, governance, and conflicts of interest management.

ESG / Sustainability

EU ESG Ratings Rules Risk Regulatory Fragmentation

By ESG Investor | 28/06/2023

Proposed framework aims to tackle conflict of interest concerns, but fails to address “quality of raw ESG data”.

Crypto / Digital Assets

MAS Sets Out Framework for Digital Asset Networks

By Karen Ng | 27/06/2023

MAS will also expand Project Guardian to test the potential of asset tokenisation across more financial asset classes.

Fintech / Regtech

FSA, BOJ Offer Update on Joint Data Collection Project

By Mark Johnston | 26/06/2023

In the second half of fiscal 2023, regulators will use the new platform to start collecting “highly granular data on corporate lending” in stages, the FSA said.

Enforcement

Japan FSA Takes Administrative Action Against Two Banks

By Editors | 24/06/2023

The banks sold risky structured bonds to clients without checking their investment experience and explaining the risks.

ESG / Sustainability

Japan to Develop Sapporo into Green Finance Hub

By Mark Johnston | 23/06/2023

New consortium aims to attract JPY 40 trillion over the next decade to promote renewable energy sources in Sapporo.

Crypto / Digital Assets

Japan Crypto Firms Call for Looser Margin Trading Restrictions

By Editors | 22/06/2023

An existing 2x leverage cap for retail investors is intended to curb excessive speculation and protect investors from significant losses.

Enforcement

Japan SESC Seeks Penalties Against Banks That Sold Risky Bonds

By Sanday Chongo Kabange | 12/06/2023

The SESC is asking the FSA to penalised Chiba Bank and its subsidiaries for selling high-risk structured bonds to novice investors.