Japan

Sanctions

S. Korea, Japan Announce Sanctions Targeting DPRK-Russia Arms Trade

By Editors | 27/05/2024

South Korea sanctioned seven North Korean individuals and two Russian vessels; Japan sanctioned 11 entities and one individual.

Capital / Liquidity

Japan’s Norinchukin Bank to Raise $7.7b in Capital

By Manesh Samtani | 22/05/2024

The bank needs to strengthen its capital base after interest rate increases went beyond expectations and caused significant unrealised losses on its foreign bond investments.

Capital / Liquidity

Japan FSA to Take Control of Two Regional Banks

By Editors | 22/05/2024

The FSA will obtain 63 percent of voting rights in Jimoto Holdings, which operates Kirayaka Bank and Sendai Bank.

Capital / Liquidity

FSA Japan Issues Order Over Use of Falsified Data in Stress Tests

By Nithya Subramanian | 16/05/2024

Avatrade Japan used falsified data in stress tests to conceal its poor results and avoid having to increase capital.

Capital / Liquidity

Japan Outlines Plans for Next Climate Scenario Analysis Exercise

By Editors | 14/05/2024

The results of the first exercise were published in August 2022. The second exercise will cover a shorter time horizon.

Enforcement

FINRA Censures and Fines Mizuho’s US Securities Unit

By Editors | 14/05/2024

Mizuho Securities had inaccurate or incomplete information in more than 300,000 institutional customer confirmations over five years.

Japan Advances Work to Create New Guidelines for VC Firms

By Manesh Samtani | 01/05/2024

The Principles will seek to better align the investment and engagement practices of Japanese VC firms with international standards.

Sanctions

China Cautions Japan Against Expanding Export Controls

By Editors | 30/04/2024

MOFCOM said Japan’s proposal to expand its controls on certain semiconductor products will damage the stability of global supply chains.

Crypto / Digital Assets

BOJ Publishes Progress Report on CBDC Pilot Experiment

By Editors | 29/04/2024

The experimental CBDC system will preserve user privacy by requiring intermediaries to separate customer data management from payment functions.