Japanese Securities Firms Consider Taxonomy

The data taxonomy model could ease regulatory compliance pain for securities firms in Japan.

Shinjuku-business-district
Shinjuku business district

In Japan, a single firm could be dealing with 300 to 800 regulatory reports to file, says Ken Utsunomiya, senior executive in the global markets division at Mizuho Securities. “We always need to send the report by the target time or deadline already defined, and if we make a mistake, depending on the criticality or severity of reporting, we may need to resubmit it with an explanation letter, or sometimes with an apology letter,” he says. “If the quality is bad, we may face a penalty.”

That

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

How GenAI could improve T+1 settlement

As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.

You need to sign in to use this feature. If you don’t have a WatersTechnology 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