Financial Services Agency

Enforcement

Sumitomo Mitsui Trust Bank Probing Insider Trading Case

By Thisanka Siripala | 07/11/2024

Sumitomo Mitsui Trust Bank disclosed that a former employee used non-public company information to conduct multiple insider trading transactions.

Crypto / Digital Assets

Hong Kong’s OSL Group Expanding to Japan via Acquisition

By Thisanka Siripala | 06/11/2024

OSL Group is acquiring an 81 percent stake in Japanese crypto exchange CoinBest, enabling it to enter the Japanese market.

Enforcement

Japan FSA Fines Nomura Securities for JGB Futures Manipulation

By Editors | 03/11/2024

Several executives also agreed to a two-month pay cut. It was separately reported that a former Nomura Securities employee was arrested on suspicion of robbery and attempted murder.

Capital / Liquidity

Pressure Builds on Japanese Companies to Unwind Cross-Shareholdings

By Gavin Blair | 01/11/2024

As Japan pushes for unwinding, many large regional banks, have reclassified their holdings as investments, prompting scepticism from regulators.

Crypto / Digital Assets

Japan: JVCEA Becomes Self-Regulatory Body for Stablecoins

By Editors | 26/10/2024

The FSA has recognised the JVCEA as the self-regulatory body for stablecoins and fund transfer businesses, on top of its existing focus on crypto exchanges and crypto-related derivatives trading firms.

ESG / Sustainability

ACMF Endorses V2 of ASEAN Transition Finance Guidance

By Nithya Subramanian | 24/10/2024

The Version 2 guidance provides guidance on reference transition pathways, to help companies develop their individual transition plans.

Enforcement

Japan: TSE Official & Judge Under Separate Insider Trading Probes

By Manesh Samtani | 24/10/2024

A TSE official leaked information to his relative multiple times. The judge engaged in insider trading while on temporary assignment at the FSA.

Enforcement

Japan to Penalise Nomura Securities for JGB Futures Manipulation

By Editors | 30/09/2024

In the aftermath of a penalty recommendation from the SESC, at least four companies have removed Nomura Securities from their lists of bond managers.

Enforcement

Japan FSA Issues Business Improvement Order on DMM Bitcoin

By Mark Johnston | 30/09/2024

DMM Bitcoin has until 28 October to submit plans to the FSA specifying measures to prevent a recurrence of the bitcoin theft it suffered in May.