Financial Services Agency

    Enforcement

    Japan: Nomura Employee Leaks Client Information to Securities Firm

    By Editors | 14/09/2020

    Nomura has apologised for the incident and pledged to strengthen its management of customer information. It will also consider taking legal action against the offending staffer.

    Market Infrastructure

    Japan FSA to Ease Administrative Procedures for Foreign Entrants

    By Editors | 30/08/2020

    The FSA will soon release financial administration guidelines setting out measures that may make it easier for foreign firms to set up in Japan.

    Market Infrastructure

    Japan Amends Rules to Lure Hong Kong Fund Managers

    By Sanday Chongo Kabange | 05/08/2020

    A Cabinet level amendment will allow overseas investment funds and securities operators to temporarily operate from Japan.

    Market Infrastructure

    Japanese Trust Funds Align with Global Trends on FX Settlement Risk

    By Makoto Miyazaki | 26/07/2020

    Trust funds in Japan have started focusing on mitigating FX settlement risk, to which they have long been exposed. This article explains the change in focus and the factors behind this.

    Market Infrastructure

    BOJ, FSA Again Urge FIs to Step Up Preparation for LIBOR Transition

    By Editors | 23/07/2020

    Financial institutions are urged to continue to take the necessary steps to ensure a smooth transition from LIBOR, even as they allocate resources to support Japanese businesses and households.

    Japan FSA Pushes for Sustainability in Bank Business Models

    By Editors | 10/07/2020

    Management changes may be needed at regional banks that lack sustainability in their business models, says the FSA’s Toshihide Endo.

    Market Infrastructure

    Eurex Clears its First Interest Rate Swaps from Japan

    By Editors | 17/06/2020

    The FSA granted Eurex Clearing a licence as a foreign financial instruments clearing organisation in March, allowing it to offer clearing services in Japan.

    Fintech / Regtech

    Japan Megabanks to Collaborate on Cashless Payments

    By Editors | 04/06/2020

    The project will explore the use of electronic money and digital currency to make banks and cashless payments services interoperable, and could evolve into the introduction of the ‘digital yen’.

    Market Infrastructure

    BOJ, FSA Direct Financial Firms to Take Action on LIBOR Transition

    By Editors | 01/06/2020

    FIs are asked to take specific actions to prepare for the cessation of LIBOR, and to submit materials allowing the BOJ and FSA to review preparedness at individual firms.

    Japan Banks Asked to Continue Lending as Stimulus Gets Green Light

    By Editors | 31/05/2020

    Finance Minister Taro Aso is asking banks to continue supporting SMEs and to actively make use of hybrid lending, in light of a new 117tr yen stimulus package.

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