Risk of Violating Customer Asset Segregation Requirements and Regulatory Action
First written in FY2019. 1 of 3 entries say "Restated". Latest entry: FY2021.
0 other companies' latest entry also says "Mitigated".
- FY2021MitigatedAnnual report
「カイカエクスチェンジ stores at least 95% of the yen-denominated value of crypto assets held for clients in cold wallets on each business day. When crypto assets are moved from a cold wallet to a hot wallet, at least 2 people carry out the transfer with approval from multiple departments.」
Specific safeguards for crypto assets held for clients after the consolidation of Zaif are described, including storage of at least 95% in cold wallets and transfer approval by multiple departments and at least 2 people. - FY2020RestatedAnnual report
「eワラント証券 manages client assets in accordance with applicable laws and regulations, including safeguarding them through money trusts. However, if a violation occurs in the future, the company may be subject to regulatory action or other measures.」
The segregation of client assets, safeguarding through money trusts, and the risk of regulatory action in the event of a violation remain in place. - FY2019First statedAnnual report
「eワラント証券 manages client assets in accordance with applicable laws and regulations, including safeguarding them through money trusts. However, if a violation occurs in the future, the company may be subject to regulatory action or other measures, which could affect the reputation, operating results and financial position of eワラント証券 and the group.」
New disclosures describe the segregation of client cash and securities, safeguarding through money trusts, and the risk of regulatory action in the event of a violation at eワラント証券.