Japan asks MUFG to improve compliance at banking, securities units

Japan asks MUFG to improve compliance at banking, securities units

A man walks past a signboard of MUFG Bank in Tokyo, Japan April 3, 2018. REUTERS/Toru Hanai/File photo

Japan‘s banking regulator on Monday ordered the banking and securities units of Mitsubishi UFJ Financial Group (MUFG) to improve compliance measures after the securities watchdog found multiple breaches of “firewall” regulations.