Japan

Sox comes to Asia

As Japan's version of Sarbanes-Oxley heads towards implementation, other Asia-Pacific countries are also introducing their own versions of the US legislation. But, learning from US Sox mistakes, they are tailoring their reforms to their political and…

Making progress

The recovery in Japan’s banking sector means that country’s banks are closer to meeting the minimum capital adequacy requirements of Basel II than was anticipated even 12 months ago. However, challenges remain, particularly with regards to data. By John…

BNP Paribas reorganises fixed-income business

BNP Paribas is set to reorganise its fixed-income business by splitting its marketing and trading activities. The new set-up replaces a structure where the division was split into three areas: foreign exchange, interest rates and credit.

HKEx targets derivatives growth

Hong Kong Exchanges and Clearing has scheduled a number of new initiatives for 2005 to combat flagging investor interest in derivatives. It also plans to expand and promote its distribution of market data to a wider user base in the Far East.

Finding the perfect fit

With the implementation of Basel II firmly on the agenda for Japan's banks, Shunsuke Shirakawa of the Financial Services Agency talks about how the Japanese regulator will approach the challenges posed by the new Accord.

BNP Paribas tailor-makes Japanese CDS index

French bank BNP Paribas has created a sub-index to its CJ50 index of the 50 most liquid Japanese credit default swaps (CDS). Called CJ Flex, the sub-index is referenced on about 30 investment-grade credits, worth a total notional amount of more than ¥10…

Basel II: Time to prepare

Following the publication of the third and final consultation paper, Japan's banks are focusing more seriously on Basel II. With the new requirements set to take effect from 2006, most banks face a critical year ahead.

Japan's four major banks post losses of $31bn for 2002

Japan's four largest banks have posted a combined ¥3.61 trillion ($30.9 billion) in losses for the 2002 financial year, following larger-than-expected losses in their cross-equity holdings amid slump in the country’s equity markets and their ongoing…

Japan’s Resona asks for government bailout

Resona Holdings, Japan’s fifth largest banking group created by the merger of Asahi and Daiwa, has asked the Japanese government for an emergency injection of public funds, following a sharp plunge in its capital reserves. The government bailout,…

Moody’s sees record Japanese yen CDO issuance

International rating agency Moody’s Investors Service said today it rated a record ¥3.02 trillion ($25 billion) of collateralised debt obligations (CDOs) in the first quarter of the year. That compares to full-year volume of ¥3.14 trillion in 2002.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here