Tag: Financial Services Agency

January 17, 2019 BY Valentina Kirilova

7 new Japanese crypto exchanges may come on stream in two months

The Financial Services Agency (FSA), Japan’s regulatory watchdog, will either give the green light to seven new crypto exchanges to commence operations in the country in the next two months or delay the licenses for a subset of the group. The FSA had instituted new procedures relating to exchange license applications in 2018 to accommodate…

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January 03, 2019 BY Valentina Kirilova

Japan’s FSA dealing with 190 applications for crypto exchanges

The Financial Services Agency (FSA), Japan’s regulatory watchdog, like many other oversight agencies around the world, is doing its level best to deal with digital currencies in an accommodative way without stifling innovation. The job is going to get tougher. According to an unnamed FSA staff member, the regulatory agency has received 190 cryptocurrency exchange…

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Leo Melamed
October 19, 2018 BY Valentina Kirilova

FSA appoints Chairman Emeritus Leo Melamed of CME Group as Advisor

Japan’s Financial Services Agency (FSA) has announced that it has appointed Mr. Leo Melamed, Chairman Emeritus of the Chicago Mercantile Exchange (CME Group), as the FSA advisor. Mr. Melamed became the chairman of the CME in 1969, and has been Chairman Emeritus since 1997. He has contributed to the development of financial futures markets, including…

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March 13, 2017 BY Valentina Kirilova

Japan And Singapore establish FinTech Cooperation Framework

The Financial Services Agency (FSA) of Japan and the Monetary Authority of Singapore (MAS) announced the establishment of a Co-operation Framework to enhance FinTech linkages between both countries. The Framework enables FSA and MAS to refer FinTech companies in their countries to each other’s markets. It also outlines how the referred companies can initiate discussions…

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October 31, 2016 BY Valentina Kirilova

CLS welcomes promotion of PvP settlement in FSA's

With the heightened focus on regulation, growing cross-border investment and reducing securities trade settlement cycles globally, provider of risk mitigation and operational services for the global FX market ClS has welcomed the initiative by the Financial Services Agency (FSA) to promote payment-versus-payment (PvP) settlement to mitigate settlement risk. This reaffirms Japan's commitment to strengthening settlement…

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