FINANCIAL SERVICES AGENCY

    Market Infrastructure

    BOJ Begins Publishing Securities Financing Transaction Data

    By Editors | 02/03/2020

    The data is collected monthly from approximately 50 financial institutions with the largest SFT trading volume, including transactions with overseas counterparties and intra-group transactions.

    Enforcement

    Japan FSA Fines Nissan $22m Over Ghosn Misconduct

    By Editors | 01/03/2020

    The fine is the second-highest penalty ever imposed by the FSA, and a response to 8 years of under-reported remuneration by Nissan’s former chairman Carlos Ghosn.

    Enforcement

    Nissan Seeks Damages from Former Chairman Carlos Ghosn

    By Editors | 14/02/2020

    The lawsuit seeks $90mn initially, seeking to recover funds linked to fraudulent payments, as well as legal, regulatory and investigation costs already incurred by Nissan.

    Fintech / Regtech

    HKEX Explores AI Use to Review Issuer Disclosures

    By Manesh Samtani | 03/02/2020

    In the initial stage, HKEX has applied artificial intelligence to identify listed companies’ disclosures as required by some selected rules.

    Market Infrastructure

    Japan Prepares Cyber Response Ahead of Tokyo Olympics

    By Editors | 01/02/2020

    In a September BOJ survey, 60% of banks said they were unable to secure enough staff to oversee cybersecurity, raising concerns of cyber attacks leading up to the Tokyo Olympics.

    Capital / Liquidity

    Japan Banks to Hold More Capital Against Partner Relationships – Report

    By Editors | 27/01/2020

    Higher capital requirements could accelerate the unwinding of cross-shareholdings, a Japanese practice of owning shares in business partners.

    Market Infrastructure

    Japan to Allow Regional Banks to Expand Outside Core Business

    By Editors | 17/01/2020

    FSA commissioner Toshihide Endo wants struggling regional lenders to engage with customers and help them grow, as a way to boost bank profitability and regional economies.

    Crypto / Digital Assets

    Japan FSA to Limit Crypto Leverage to 2x Deposits – Report

    By Editors | 15/01/2020

    The rule will be stricter than the 4x leverage limit imposed by the Japan Virtual Currency Exchange Association, the industry’s self-regulatory organisation.

    Securities / Derivatives

    Japan FSA Issues New Guidance on Asset Manager Registration

    By Editors | 14/01/2020

    The guidebook is aimed at facilitating the smooth entry of asset management and other financial instruments businesses into Japan’s capital markets.

    Market Infrastructure

    Japan FSA Grants Client Clearing Licence to HKEX

    By Editors | 09/01/2020

    HKEX has announced that its central counterparty subsidiary, OTC Clear, has received approval to offer client clearing services to banks in Japan.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team