The working group will seek to align work being done across jurisdictions to set standards in the field of sustainability-related financial disclosures.
April 28, 2022Firms with securities businesses are expected to draw lessons from the shortcomings observed in the Archegos incident in order to foster a sound risk culture.
April 24, 2022A survey of overseas authorities was conducted to inform the development of a "joint data platform" that will be used by both the FSA and BOJ.
April 21, 2022The guidance will help Japanese financial institutions use of the NGFS scenarios to conduct climate-related financial risk analysis, the FSA said.
April 20, 2022Legislation will be introduced in 2023 to remove a requirement for listed companies to provide the government with audited quarterly financial statements.
April 19, 2022Discussions are underway on the implementation of a new shared transaction monitoring and screening system. A new 'beneficial ownership list system' has been established.
April 18, 2022The former deputy president is suspected of colluding with other staff to illegally manipulate stock prices to keep block trade deals with clients from falling through.
April 14, 2022Regulatory requirements have also been amended to allow foreign securities companies entering the Japanese market to submit their registration applications in English.
April 12, 2022Key areas of focus for the BOJ will be to assess how banks are managing climate risk, credit risk, cross-border loans, and cybersecurity.
April 6, 2022Japan's revised law on the protection of personal data raises penalties for non-compliance, tightens breach reporting requirements, and gives data subjects additional rights.
April 3, 2022