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FSA Responds to Public Comments on Its ESG Public Fund Guidelines

The Financial Services Agency of Japan (FSA) published its responses to public comments on the draft version of new guidelines on environmental, social, and governance (ESG) public funds on March 31. This LawFlash discusses...more

The Trends—and Traps—that Will Shape 2023

The last few years have thrown many surprises at businesses. Organizations across all sectors have faced inflation, global conflicts, supply chain challenges, a pandemic, and continually changing government policies. In 2023,...more

Promoting Foreign Asset Managers’ Entry into the Japanese Market: Amendments to FIEA

The Financial Services Agency of Japan (FSA) recently submitted a bill to the National Diet of Japan including certain amendments to finance-related laws for purposes of strengthening Japan’s financial system and financial...more

Japan to Establish Financial Market Entry Office and Promote English Filings

The Financial Services Agency of Japan (FSA) announced on November 6 that together with the local finance bureaus, it will establish a Financial Market Entry Office (FME Office upgraded from the current Financial Market Entry...more

COVID-19’s Impact on Article 63 Notification Filings in Japan: Regulators Face New Normal

This alert provides a summary of the announcement (Announcement) issued by the Kanto Local Finance Bureau (KLFB) at the beginning of August 2020. Responding to the Japanese government’s “Report concerning Promotion of...more

Foreign Managers Allowed to Temporarily Manage Assets from Japan in Emergency Situations

Subordinate regulations under the Financial Instruments and Exchange Act, Act No. 25 of 1948, as amended (FIEA), were amended on July 22 to allow foreign business operators to temporarily conduct business in Japan upon...more

COVID-19: Japan, FSA Issue Announcements After Declaring State of Emergency

Following the declaration of a state of emergency due to COVID-19, Japan’s Financial Services Agency (FSA) made recent announcements extending the filing deadline for annual securities reports and other disclosure reports,...more

Update: COVID-19’s Impact on Filings to Japan’s Kanto Local Finance Bureau

This alert reviews the impact of the Government of Japan’s recent state of emergency declaration due to the coronavirus (COVID-19) global pandemic on the practices of the Kanto Local Finance Bureau, which has switched to...more

Japan Introduces New Requirement to Identify Companies’ Beneficial Owners

In an effort to increase transparency in the control of Japanese companies—and to prevent organized crime and terrorists from misusing companies—Japan has recently introduced a requirement that, in order for a company’s...more

Japan Releases Draft ‘Principles for Customer-Oriented Business Conduct’

LawFlash February 17, 2017 Financial Services Agency of Japan proposes seven principles aimed at creating a customer-oriented financial services culture. On January 19, the Financial Services Agency of Japan (JFSA) released a...more

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