Financial Services Agency

AML / KYC

Japan FSA to Trial Blockchain KYC

By Editors | 25/09/2017

Blockchain KYC will allow customers to open multiple accounts without having to go through individual onboarding procedures each time.

Capital / Liquidity

Japan’s Low Interest Rate Environment Suffocates Regional Banks

By Editors | 07/09/2017

FSA’s commissioner ‘embarrassed to see regional banks’ balance sheets in their core businesses deteriorate more quickly than we expected.’

Enforcement

Japan FSA to Set up Anti Cybercrime, Money Laundering Bureau

By Editors | 23/08/2017

Internal reorganisation acknowledges growing role of fintech, which will be regulated by FSA Planning and Coordination Bureau with enhanced powers.

AML / KYC

Australia Signals Currency Status, AML Clampdown for Bitcoin

By Samuel Riding | 21/08/2017

Cryptocurrency to be brought under AUSTRAC; proposal to follow Japan in giving bitcoin legal tender status being considered by central bank.

Securities / Derivatives

Japanese Brokers Face Scrutiny of Information Controls

By Editors | 24/07/2017

Securities Dealers Association aims to ensure brokerage managers who are also investment bankers don’t reveal inside information. The new chief […]

AML / KYC

Japan FSA Probing AML Compliance at Regional Banks

By Editors | 12/07/2017

Regulator concerned rules introduced last October are not being executed consistently as regional and other smaller banks deal with increasing number of international transactions.

Japan Finalises Stewardship Code

By Samuel Riding | 31/05/2017

Final version of non-legally binding code includes several new principles for institutional investors.

AML / KYC

Japan FSA Anticipates ‘C2B’ Banking System

By Samuel Riding | 31/05/2017

Commissioner Nobuchika Mori suggests fintech will facilitate provision of ‘bespoke products to mass customers’.

Japan Regulator Cites Broker for Spoofing

By Samuel Riding | 20/03/2017

Regulator says Virgin-islands registered broker manipulated four stocks.