Resources

July 29 2015

A government appointed panel sets out Japan’s progress in developing its financial and capital markets

The goal of the Panel is to vitalise the Japanese economy, promote business and develop the Tokyo market into a leading international financial centre by 2020. A wide range of measures have been made including regulatory and structural changes to help support this aim and the report also highlights some further issues which need to be tackled.

http://www.fsa.go.jp/en/refer/councils/vitalizing/20150721/01.pdf

December 08 2015

Letter to IOSCO and BCBS setting out how current margin settlement requirements will negatively disadvantage Japan and Asian markets because of time zone differences

The Japan Financial Markets Council (JFMC) and the International Swaps and Derivatives Association (ISDA) sent a letter to IOSCO and BCBS pointing out how the current margin settlement requirements for uncleared swaps will disadvantage Japan and Asian markets because they are in a different time zone. The T+1 requirement will place an additional burden on market participants in the Asia-Pacific region including their access to types of collateral which may result in higher overall funding costs.

November 17 2015

SESC`s Secretary General Kiyotaka Sasaki presents to IBA Japan Members

Today IBA Japan welcomed Mr. Kiyotaka Sasaki, Secretary General of the Japanese Securites and Exchanges Surveillance Commission to deliver a speech to our members. In a packed JP Morgan Centre he presented the current challenges and objectives of the SESC.

May 12 2017

Regulatory coherence: JFMC joins the industry response welcoming the Financial Stability Board’s evaluation plans

The JFMC has together with the Global Financial Markets Association (GFMA) and the International Swaps and Derivatives Association (ISDA) responded to a Financial Stability Board (FSB) consultation on the Proposed Framework for Post-Implementation Evaluation of the Effects of the G20 Financial Regulatory Reforms.