The FSA's Daisuke Mamba and Hiroshi Ozaki discuss the regulator's approach to its AML/CFT inspections and recent work to develop shared AML systems for the industry.
January 10, 2023Japan Bankers Association says the proposed infrastructure risk add-on will discourage banks from developing new DLT businesses.
October 4, 2022Banks will be able to ask companies to submit information about their major shareholders when opening accounts or making loans.
November 3, 2021A global regulatory framework for cryptoassets that only includes banks would exacerbate rather than contain financial stability risks.
September 15, 2021The FSA's Hiroshi Ozaki said the banking sector is planning to deploy a shared transaction monitoring and screening system for AML/CFT across the industry.
July 23, 2021JBA chairman Makoto Takashima says stopping funding for “brown” companies could choke off investment necessary to achieve carbon neutrality.
July 7, 2021Mizuho Financial Group president and group CEO Tatsufumi Sakai was due to take over as JBA chairman on 1 April.
April 15, 2021JBA TIBOR Administration plans to consult on its intent to retain yen TIBOR and discontinue euroyen TIBOR at end-2024, as well as the specifics and timing of the reform.
March 31, 2021The FSA will consider whether to take disciplinary action such as issuing a business improvement order against the bank.
March 25, 2021Banks are asked to carefully prepare for any major system upgrades involving extensive data processing, and to ensure appropriate lines of communication are established.
March 16, 2021