Japan

Anti-Money Laundering

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.

Emerging Prudential Risks

IMF Urges Japan to Contain Financial Risks

By Editors | 22/06/2017

Japan has been urged to contain financial risks by the IMF (International Monetary Fund) after its Article IV Consultation for […]

Conduct, Culture & Accountability

Japan Finalises Stewardship Code

By Samuel Riding | 31/05/2017

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

AI Risk & Governance

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’.

Trading & Investment

Japan Passes HFT Legislation

By Samuel Riding | 23/05/2017

Offshore HFTs must have offices in Japan; all must register with regulator, disclose risk management practices.

Fraud, Scams & Cybercrime

US Regulator Charges Nomura Traders with Fraud

By Samuel Riding | 22/05/2017

Traders alleged to have made extra $750,000 in profit and boosted bonuses while deliberately lying to customers.

Structural Regulation

SGX Confirms Regulatory Subsidiary Chairman

By Samuel Riding | 07/04/2017

Professor Tan Cheng Han will take up role in the 3rd quarter this year, exchange says.

Resolution & Recovery

Japan’s Big 3 Banking Groups to Issue $84bn in TLAC Bonds – Moody’s

By Samuel Riding | 05/04/2017

Bonds will meet requirement that TLAC instruments be equivalent to at least 18% of RWA.

Market Abuse

Japan Regulator Cites Broker for Spoofing

By Samuel Riding | 20/03/2017

Regulator says Virgin-islands registered broker manipulated four stocks.