JSDA Rules/Guidelines
JSDA Guidelines
In order to facilitate transactions by securities market participants, reduce settlement risks and ensure smooth settlement of transactions, Japan Securities Dealers Association (JSDA) has formulated various guidelines regarding market practices, etc. that market participants should observe. However, these guidelines do not constitute any restrictions whatsoever on the legal rights of market participants.
- Book-Entry Transfer Guidelines for “Corporate Bonds”(December 2019 Version)
*Click here for the June 2022 version (effective December 1, 2022) - The Japanese Government Securities Guidelines for Real Time Gross Settlement (October 2015 Version)
*Click here for T+1 Settlement Version (These Guidelines will take effect during the first half of FY2018) - Practical Guidelines for Handling of Fails Charges (May 2013 Version)
*Click here for the June 2022 version (effective December 1, 2022) - Questions & Answers about Settlements under "Japanese Government Securities Guidelines for Real Time Gross Settlement" and "Guidelines for Practical Handling of Fails Charge" (November 2010 Version)
- (Practical Guidelines for Handling of Fails Charges Annex 1) Model Form for Prior Notice of Introduction of Fails Charges Trading Practice (November 2010 Version)
*Click here for the June 2022 version (effective December 1, 2022) - (Practical Guidelines for Handling of Fails Charges Annex 2) Sample Wording to be Described in a Trade Confirmation, etc. when Introducing Fails Charges (November 2010 Version)
*Click here for the June 2022 version (effective December 1, 2022) - JSDA Guidelines for When-Issued Transactions of Japanese Government Bonds (October 2003 Version)