All posts tagged "FSA"
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290Capital RegulationJapan, EU to Cooperate on Cross-border Resolution Planning
Through an exchange of letters, Japan’s FSA and the EU’s SRB have agreed to cooperate to plan for and conduct orderly cross-border resolutions of banks.
October 17, 2019 -
239FeatureJapan Hosts First-ever TCFD Summit
Speaking at the Summit, BOE governor Mark Carney lauded Japan's support for the TCFD, but said more needs to be done globally to enhance climate-related financial disclosures.
October 9, 2019 -
297Fintech / RegtechJapan Brokers Form New Body to Develop Rules for STOs
The new association was formed by securities firms SBI, Nomura, Daiwa, Kabu.com, Monex and Rakuten and will seek FSA approval for status as a self-regulatory organisation.
October 7, 2019 -
216EnforcementUS SEC Settles Charges Against Nissan, Former CEO
As settlement for underreporting CEO compensation, Nissan agreed to pay $15mn, while ex-CEO Carlos Ghosn will pay $1mn and get a 10-year officer and director bar.
September 24, 2019 -
410EuropeISDA Issues Guidance on Executing Trades on Recognised Venues
The guides describe how cross-border trading will work following the CFTC-MAS, CFTC-FSA and EC-MAS agreements on mutual recognition of derivatives trading venues.
September 23, 2019 -
289EnforcementJapan Brokerage Sanctioned for Giving a Client Preferential Treatment
A former baseball star and member of Japan’s Parliament was allowed to continue trading derivatives despite persistent margin shortfalls over about 9 months.
September 12, 2019 -
187JapanJapan Regulators Seek Data on Financial Firms’ Risky Investments
The BOJ and FSA are collecting data on financial firms' holdings of collateralised loan obligations and leveraged loans to understand the risks they present.
September 10, 2019 -
304JapanJapan FSA to Revise Standards For Auditors of Listed Companies
The revised standards will require auditors to disclose the reasons for issuing a qualified opinion in financial statements starting from March 2020.
September 5, 2019 -
516EnforcementTokyo Bourse Penalises Nomura for Information Leak
The TSE says internal controls at Nomura Securities were insufficient, and measures it took after a similar incident in 2012 did not seem to have improved compliance.
August 30, 2019 -
373Capital Regulation
Japan FSA Plans New Measures to Ensure Regional Bank Sustainability
To encourage consolidation among struggling regional lenders, the FSA may lower deposit insurance fees paid by banks that are more financially robust.
August 29, 2019
