The Japanese regulator disclosed financial instruments business operators whose monthly average notional outstanding for OTC derivatives in fiscal 2025 reached at least 300 billion yen.
Japan’s Financial Services Agency, or JFSA (Japan financial regulator), published a list of financial instruments business operators whose monthly average outstanding notional amount of over-the-counter derivatives in fiscal 2025 was 300 billion yen or more. The disclosure was made under Article 2-2 of the Cabinet Office Ordinance on Regulation of Over-the-Counter Derivatives Transactions and related matters, marking a formal publication tied to firms’ reported trading scale.