venture capital
compliance
regulation
The SESC's Recommendations for Strengthening Market Surveillance Functions
The Securities and Exchange Surveillance Commission (SESC) has submitted three recommendations for the strengthening of market surveillance functions to the Prime Minister and the Commissioner of the FSA: * Expanding insider trading regulations to cover more types of related parties * Strengthening administrative monetary penalties by increasing amounts and expanding scope to
crypto
RigSec and Vlightup to collaborate on crypto wallet compliance and security
Hong Kong-based RigSec Technology, a leading provider of regulated digital asset wallet solutions, and Tokyo-based Vlightup have begun discussions to collaborate on solving security issues in cryptocurrency wallets. The partnership aims to leverage the technological strengths of both companies to provide a safer and easier-to-use wallet solution. RigSec is a
digital assets
Hitachi & 12 companies conduct PoC to improve & standardize AML practices in digital assets
Hitachi, together with NTT Digital, OPTAGE, Crypto Garage, JPYC, Chainalysis Japan, Digital Platformer, NEC, Nomura, bitbank, finoject, Hokkoku Bank, and Laser Digital Japan, has begun a proof-of-concept experiment from February to April 2025 aimed at improving the effectiveness and standardization of anti-money laundering practices for digital asset trading including cryptocurrency,
AML
MS&AD introduces "Compliance Station UBO+" to advance financial crime prevention
Compliance Data Lab (CDL) announced that six companies within the MS&AD Insurance Group have adopted Compliance Station UBO+, a service providing immediate online access to Ultimate Beneficial Owner (UBO) and capital chain information. The six companies are MS&AD Insurance Group Holdings, Mitsui Sumitomo Insurance, Aioi Nissay
insider trading
Report on Insider Trading Incident at Japan Exchange Group
In light of the fact that an employee of the Tokyo Stock Exchange, a subsidiary of Japan Exchange Group (JPX), was under investigation by the Securities and Exchange Surveillance Commission (SESC) on suspicion of violation of insider trading regulations, JPX established an Independent Directors' Investigation Committee on September 27,
banking
FSA sanctions AEON Bank for AML/CFT deficiencies
The Financial Services Agency (FSA) has issued a business improvement order to AEON Bank pursuant to Article 26, Paragraph 1 of the Banking Act. I. Content of the Business Improvement Order 1. The Bank shall implement the following measures to foster a sound risk culture that emphasizes anti-money laundering and