Document of Organization

The Organization of Tokyo Foreign Exchange Market Committee
(With effect from 9 March 2025)

Steering Committee

Member		Institute
Chairperson	TERAWAKI Kazunori, Mr.	Mitsubishi UFJ Trust & Banking Corp.
(Vice)	OSAWA Takamoto, Mr.	Barclays Bank
	TAKADA Yoshihiro.Mr	Bank of Japan
	HIRAMOTO Keisuke Mr.	Bank of Japan
	KOBAYASHI Ryohei, Mr.	JPMorgan Chase Bank
	HOSHI Yoshihiro, Mr.	Money Brokers Association
	KOHASHI Akifumi, Mr.	Mizuho Bank
	MINAMI Hideaki, Mr.	Mizuho Bank
	TAGUCHI Takayuki, Mr.	Sumitomo Mitsui Banking Corp.
	HIRATA Takuya, Mr.	Sumitomo Mitsui Banking Corp.
	INOUE Yoshiyasu, Mr.	Morgan Stanley MUFG Securities Co., Ltd.
	NOMURA Takumi.Mr	MUFG Bank, Ltd
	HOSHINO Akira, Mr.	Citigroup Global Markets Japan
	TAKAYAMA Norihiro, Mr.	Nomura Securities
	TANI Katsuei,Mr.	Mitsubishi UFJ Trust & Banking Corp.
	MATSUBARA Michihiko, Mr.	Mitsubishi UFJ Trust & Banking Corp.
	YURA Keisuke, Mr.	Barclays Bank

Public Relation

Member		Institute
Chairperson	FUKUDA Kyoko, Ms.	Australia and New Zealand Banking Group Limited
(Vice)	TAKADA Yoshihiro.Mr	Bank of Japan
	YAMAZAKI Terunaga, Mr.	EBS/CME Group
	TAKIGUCHI Tomofumi, Mr.	QUICK Corp.

Education

Member		Institute
Chairperson	TAKAYAMA Norihiro, Mr.	Nomura Securities
(Vice)	TOTOKI Junichiro, Mr.	Ueda Totan Forex
	KOBAYASHI Ryohei, Mr.	JPMorgan Chase Bank
	SOKAWA Yuji, Mr.	Refinitive Japan K.K

Legal & Compliance

Member		Institute
Chairperson	TOKITA Takeshi, Mr.	Sumitomo Mitsui Trust & Banking Co.
(Vice)	TERAWAKI Kazunori, Mr.	Mitsubishi UFJ Trust & Banking Corp.
	SAI Yuuta, Mr.	Mizuho Bank
	WATANABE Satoshi, Mr.	Sumitomo Mitsui Banking Corp.
	NAKAMURA Yuichiro, Mr.	Sumitomo Mitsui Trust & Banking Co.
	YANAGISAWA Marie, Ms.	MUFG Bank, Ltd

Market Research

Member		Institute
Chairperson	TAGUCHI Takayuki, Mr.	Sumitomo Mitsui Banking Corp.
(Vice)	INOUE Yoshiyasu, Mr.	Morgan Stanley MUFG Securities Co., Ltd.
	OSAWA Takamoto, Mr.	Barclays Bank
	HIRASHIMA Keishi, Mr.	CLS
	TAKADA Yoshihiro.Mr	Bank of Japan
	SHIMADA Masafumi, Mr.	Bank of Japan
	HIRAMOTO Keisuke Mr.	Bank of Japan
	NAMIKI Mashu.Mr	Bank of Japan
	HIRATA Takuya, Mr.	Sumitomo Mitsui Banking Corp.
	YANAGISAWA Marie, Ms.	MUFG Bank, Ltd
	OGAWA Kouichiro, Mr.	MUFG Bank, Ltd

Code of Conduct

Member		Institute
Chairperson	KOHASHI Akifumi, Mr.	Mizuho Bank
(Vice)	INOUE Hirotsugu, Mr.	BNP Paribas
	OSAWA Takamoto, Mr.	Barclays Bank
	TAKADA Yoshihiro.Mr	Bank of Japan
	NAMIKI Mashu.Mr	Bank of Japan
	MINAMI Hideaki, Mr.	Mizuho Bank
	KITAHARA Wataru, Mr.	Mizuho Bank
	ISONO You, Mr.	Mizuho Bank
	ARAI Akio, Mr.	Mizuho Bank
	TOTOKI Junichiro, Mr.	Ueda Totan Forex
	TAGUCHI Takayuki, Mr.	Sumitomo Mitsui Banking Corp.
	HIRATA Takuya, Mr.	Sumitomo Mitsui Banking Corp.
	ANDO Tomohito, Mr.	Sumitomo Mitsui Banking Corp.
	TOKITA Takeshi, Mr.	Sumitomo Mitsui Trust & Banking Co.
	TERAWAKI Kazunori, Mr.	Mitsubishi UFJ Trust & Banking Corp.
	YOSHIHARA Nobuyuki, Mr.	MUFG Bank, Ltd
	YANAGISAWA Marie, Ms.	MUFG Bank, Ltd
	OGAWA Kouichiro, Mr.	MUFG Bank, Ltd

Buy Side

Member		Institute
Chairperson	TAGUCHI Takayuki, Mr.	Sumitomo Mitsui Banking Corp.
(Vice)	INOUE Yoshiyasu, Mr.	Morgan Stanley MUFG Securities Co., Ltd.
	KOHASHI Akifumi, Mr.	Mizuho Bank
	OSAWA Takamoto, Mr.	Barclays Bank
	TAKADA Yoshihiro.Mr	Bank of Japan
	FUKUDA Kyoko, Ms.	Australia and New Zealand Banking Group Limited
	HIRATA Takuya, Mr.	Sumitomo Mitsui Banking Corp.
	TANAKA Yuki, Mr.	BlackRock Japan Co., Ltd
	OKUMA Takayuki, Mr.	Nomura Asset Management Co., Ltd
	MATSUBARA Ryu, Mr.	Daiwa Asset Management Co. Ltd.
	AKASHI Yusuke, Mr.	Mitsubishi UFJ Asset Management Co., Ltd.
	KURAKATA Koji, Mr.	Financial Futures Association Japan
	YURA Keisuke, Mr.	Barclays Bank

BCP

Member		Institute
Chairperson	INOUE Yoshiyasu, Mr.	Morgan Stanley MUFG Securities Co., Ltd.
(Vice)	MINAMI Hideaki, Mr.	Mizuho Bank
(Vice)	TAKADA Yoshihiro.Mr	Bank of Japan
	MILLS Sumiko, Ms.	CLS
	SHIMADA Masafumi, Mr.	Bank of Japan
	IRIBA Hiroaki, Mr.	Bank of Japan
	HIRATA Takuya, Mr.	Sumitomo Mitsui Banking Corp.
	TAMURA Taishi, Mr.	Sumitomo Mitsui Banking Corp.
	YANAGISAWA Marie, Ms.	MUFG Bank, Ltd
	TERAWAKI Kazunori, Mr.	Mitsubishi UFJ Trust & Banking Corp.
	TANI Katsuei,Mr.	Mitsubishi UFJ Trust & Banking Corp.
	OGAWA Kouichiro, Mr.	MUFG Bank, Ltd

e-Commerce

Member		Institute
Chairperson	OSAWA Takamoto, Mr.	Barclays Bank
(Vice)	YAMAZAKI Terunaga, Mr.	EBS/CME Group
	YAMAZAKI Tetsuo, Mr.	GMO Click Securities
	TAKADA Yoshihiro.Mr	Bank of Japan
	YAMAMOTO Shigeru, Mr.	JPMorgan Chase Bank
	YURA Keisuke, Mr.	Barclays Bank
	INOUE Yoshiyasu, Mr.	Morgan Stanley MUFG Securities Co., Ltd.
	TOKIEDA Yuji. Mr.	Mizuho Bank
	TAGUCHI Takayuki, Mr.	Sumitomo Mitsui Banking Corp.
	KUSUDO Shogo, Mr	Sumitomo Mitsui Banking Corp.
	TOKITA Takeshi, Mr.	Sumitomo Mitsui Trust & Banking Co.
	SAGESAKA Kentaro, Mr.	Sumitomo Mitsui Trust & Banking Co.
	KURAKATA Koji, Mr.	Financial Futures Association of Japan
	FUJITA Kosei, Mr.	SBI FX Trade

Operations

Member		Institute
Chairperson	TERAWAKI Kazunori, Mr.	Mitsubishi UFJ Trust & Banking Corp.
(Vice)	KOBAYASHI Ryohei, Mr.	JPMorgan Chase Bank