London Stock Exchange Group (LSEG) and Japan Exchange Group (JPX) have agreed to identify and collaborate on financial market infrastructure initiatives designed to promote global sustainable investment and on product marketing initiatives. The initial focus will be on joint marketing activities to promote listing products, especially those related to ESG (environmental, social and governance).
David Warren, Interim Group CEO and Group CFO at LSEG said:
“I am delighted that two of the world’s largest stock exchanges have pledged to work more closely together. This is tremendous news for investors in both countries, and for the Square Mile as a whole. It is also fantastic to see both sides building on the Memorandum of Understanding I signed last year with the Mayor of Tokyo, and I am pleased the announcement could be made during my visit to Tokyo.”
LSEG has also launched its new Japan Advisory Group (JAG) to promote and strengthen the close ties between the UK and Japan. The advisory board will be chaired by Suneel Bakhshi, Chairman of LSEG International Advisory Groups, with other members being Tetsuya Kubo, Chairman of the Board at SMBC Nikko Securities; Nana Otsuki, Chief Analyst at Monex; Atsushi Saito, Commissioner of Nippon Professional Baseball, Senior Fellow of KKR Global Institute and Former Group CEO at JPX; Akira Sugano, President and CEO of Asset Management One; and Tatsuo Tanaka, Director and Chairman of Citigroup Global Markets Inc, and Chairman of Citibank NA Tokyo Branch.
