News Centre

Press Conference By KATO Katsunobu, Japan Minister Of Finance And Minister Of State For Financial Services - Iwaki Shinkumi Bank

Date 30/05/2025

Q.

I would like to ask about Iwaki Shinkumi Bank (credit cooperative) in Iwaki City, Fukushima Prefecture. It has been reported that there is a suspicion that Iwaki Shinkumi made false accounts without the consent of depositors and made loans to those accounts. I would like to ask about your thought to this and the status of the Financial Services Agency (FSA)'s response.

ASX Enhances Transparency In New Pricing Policy For Cash Equities Clearing, Settlement And Issuer Services

Date 30/05/2025

ASX has today released a response to consultation on the proposed pricing policy for cash equities clearing, settlement and issuer services (CS services) that aims to enhance transparency for the market. The new policy is due to be finalised and take effect from 1 July 2025, and an updated draft was released as part of ASX’s response to feedback on a comprehensive consultation process that began in 2024. These documents can be found on ASX’s website.

Excerpts From The Joint Press Conference Given By KATO Katsunobu, Minister Of Finance And Minister Of State For Financial Services, And UEDA Kazuo, Governor Of The Bank Of Japan (The First Meeting Of G７ Finance Ministers And Central Bank Governors Under The Canada G７ Presidency)

Date 30/05/2025

Minister)

I would like to report on the outline of the G7 Finance Ministers and Central Bank Governors meeting, which just ended.

Today, following on from yesterday, we held discussions on AI, financial sector, and financial crime.

First, in the AI session, the impact of AI on productivity and financial stability was discussed. I mentioned the need for further analysis on how AI can compensate for the labor shortage caused by the declining population, how the relatively low utilization of IT by the elderly will constrain the spread of AI in the aging society, and how it can be supplemented by reskilling.

New Zealand Financial Markets Authority: AML/CFT Guidance For Financial Institutions On Risk Ratings For New Customers

Date 30/05/2025

This guide is for all FMA AML/CFT reporting entities. It explains how to comply with the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009. 

NZX: Block Trade Threshold: Notice Of Procedure Amendment

Date 30/05/2025

As part of NZX’s preparation for the relaunch of the S&P/NZX 20 Index Futures Contract (NZX 20 Futures), NZX wishes to notify the market of an amendment to the Block Trade Threshold from 1,250 lots to 100 lots in the NZX Derivatives Procedures (Procedures).  

Publication Of "Japan Financial Services Agency Analytical Notes (2025.5)"

Date 30/05/2025

The FSA published the Japanese version of "FSA Analytical Notes (2025.5) ". full text

New Zealand Financial Markets Authority Issues Infringement Notice To Pharmazen Limited

Date 30/05/2025

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has issued an infringement notice to Pharmazen Limited for failing to file financial statements on time. 

Response To Staff Statement On Protocol Staking Activities: Stake It ‘Till You Make It?, SEC Commissioner Caroline A. Crenshaw, May 29, 2025

Date 29/05/2025

Channeling the old adage of “fake it ‘till you make it,” today’s statement from the Division of Corporation Finance declares that “protocol staking” – locking up crypto tokens in a blockchain protocol to earn rewards – does not involve an investment contract. Therefore, staff concludes, protocol staking activities, whether performed by an individual or a third-party service on behalf of customers, are not securities subject to SEC jurisdiction.

Acting Comptroller Of The US Currency Discusses Financial Literacy Education

Date 29/05/2025

Acting Comptroller of the Currency Rodney E. Hood today discussed the importance of financial literacy education in remarks at the Financial Literacy and Education Commission.

Providing Security Is Not A “Security” – Division Of Corporation Finance’s Statement On Protocol Staking, SEC Commissioner Hester M. Peirce, May 29, 2025

Date 29/05/2025

Today, the Division of Corporation Finance clarified its view that certain proof-of-stake blockchain protocol “staking” activities are not securities transactions within the scope of the federal securities laws.