March 24, 2020 / 1:01 AM / 12 days ago

Japan to strengthen monitoring against improper trading activity - Aso

FILE PHOTO: Japanese Finance Minister Taro Aso (R) in the G20 Finance Ministers and Central Bank Governors meeting in Fukuoka on June 8, 2019. Toshifumi Kitamura/Pool via REUTERS

TOKYO (Reuters) - Japan’s Financial Services Agency (FSA) will strengthen monitoring against improper trading activity given heightened market volatility, Finance Minister Taro Aso said on Tuesday.

Aso said the FSA would work with the country’s securities watchdog and stock exchanges to monitor fraudulent activities in market operations, such as those related to short selling, and strictly deal with violations.

Reporting by Daniel Leussink; Editing by Chris Gallagher

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