Japan

    AML / KYC

    Japan Regulator Orders Revolut to Improve AML Controls

    By Editors | 06/09/2022

    Revolut is required to submit a business improvement plan by 3 October and file quarterly progress reports until implementation is complete.

    Securities / Derivatives

    Japan FSA Consults on Documentary Requirements for Foreign Entry

    By Editors | 06/09/2022

    The amendment will allow applicants who meet certain conditions to submit written applications for registration and other subsequent documents in English.

    Securities / Derivatives

    Japan FSA Seeks to Make NISA Programme Permanent

    By Editors | 31/08/2022

    NISA is a programme for small investments that offers time-based exemptions from capital gains and dividend tax.

    Crypto / Digital Assets

    Japan Considers Relaxation of Crypto Taxation Policies

    By Editors | 30/08/2022

    Authorities are considering a system under which crypto asset issuers would only be taxed when profits are generated, and not based on unrealised gains.

    ESG / Sustainability

    Japan Publishes Results of Climate Scenario Analysis Exercise

    By Editors | 29/08/2022

    The results highlight a need for banks to use common assumptions within their models, refine their analysis of individual companies, and enhance their methodologies.

    Fintech / Regtech

    JPX, AWS Partner to Enhance Capital Market Attractiveness

    By Editors | 25/08/2022

    New initiatives include enhanced infrastructure resilience, the creation of a product development environment, and enhanced collaboration with start-ups.

    ESG / Sustainability

    JPX Starts Disclosing Daily Data on Green Bond Projects

    By Editors | 21/08/2022

    A new “Green Tracking Hub” is disclosing the amount of power generated by renewable energy projects financed by JPX’s first digitally tracked green bond.

    Securities / Derivatives

    More TSE Companies Disclosing Information in English

    By Editors | 12/08/2022

    English language disclosures are now part of the Corporate Governance Code, and considered a key factor to boost foreign participation in Japanese markets.

    Crypto / Digital Assets

    Japanese Crypto Industry Bodies Call for Tax Reforms

    By Editors | 11/08/2022

    The JCBA and JVCEA are asking for income from crypto-asset transactions to be taxed separately at a rate of 20 percent, rather than together with other income.

    ESG / Sustainability

    JPXI to Launch Platform For Listed Company ESG Disclosures

    By Editors | 11/08/2022

    ESG-related information disclosed on each company’s website for the most recent three months will be displayed on the portal.

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