FINANCIAL SERVICES AGENCY

Crypto / Digital Assets

Japan FSA Seeks Feedback on Future of Crypto Regulation

By Thisanka Siripala | 11/04/2025

The FSA expressed concerns about inadequate disclosures, misleading investment schemes, and insider trading risks.

Enforcement

Japan FSA Sanctions Tachibana for Repeated Sales Misconduct

By Thisanka Siripala | 10/04/2025

Tachibana Securities failed to detect or halt improper sales practices due to deficient internal audits, compliance checks, and management oversight.

AML / KYC

Japan Banks Blocking Withdrawals from Expired Expat Accounts

By Thisanka Siripala | 10/04/2025

Accounts held by foreign nationals whose residency statuses have expired have been linked to impersonation and fraud cases.

AML / KYC

Japan FSA Proposes Tighter Security Rules for Safe Deposit Boxes

By Thisanka Siripala | 08/04/2025

The proposed rules prohibit cash storage in safe deposit boxes and mandate stricter security checks at banks.

Securities / Derivatives

Japan FSA Calls for Earlier Release of Securities Reports

By Thisanka Siripala | 06/04/2025

The FSA said the Finance Minister Katsunobu Kato has made the request for companies to release their securities reports earlier.

Enforcement

Japanese Brokerage Firm Accused of Misleading Elderly Clients

By Thisanka Siripala | 04/04/2025

Tachibana Securities allegedly misled around 50 elderly clients and encouraged excessive trading for commissions, the SESC said.

AML / KYC

Japan FSA Finalises Guidance on Verifying AML Effectiveness

By Thisanka Siripala | 04/04/2025

The revised guidelines introduce an inspection policy that outlines how management should oversee and guide the verification process.

AML / KYC

JBA Launches Working Group to Improve Beneficial Shareholder Transparency

By Thisanka Siripala | 03/04/2025

The group will address practical issues and develop operational schemes to enhance the efficiency of identifying beneficial shareholders

AML / KYC

Japan Securities Firms Hit by Wave of Phishing Attacks

By Thisanka Siripala | 03/04/2025

Rakuten and SBI Securities are among the firms reporting unauthorised transactions linked to phishing attacks.