On 3 February 2025, the Financial Services Agency (FSA) published a list of ESG evaluation and data providers who have notified the FSA of their intention to endorse the Code of Conduct for ESG Evaluation and Data Providers published on 15 December 2022. For more information, please click here.

On 4 February 2025, the FSA, in collaboration with the National Police Agency (NPA), published a brochure to strengthen measures against the unauthorised use of bank accounts, including corporate accounts. For more information, please click here.

On 7 February 2025, the FSA proposed a draft amendment to two Cabinet Orders: one related to travel expenses and allowances for witnesses and expert witnesses under the Financial Instruments and Exchange Act, and another for the Certified Public Accountants Act. These proposals are open for public consultation. For more information, please click here.

On 14 February 2025, the FSA proposed draft amendments to two regulatory notices: one regarding the calculation of policy reserves for non-life insurance companies under the Regulation for Enforcement of the Insurance Business Act, and another detailing methods for accumulating and reducing policy reserves for small amount and short-term insurance companies. These proposals are open for public consultation. For more information, please click here.

On 20 February 2025, the FSA updated laws and regulations to permit securities corporations to provide information about financial instruments transaction contracts through either "written" or "digital" media, depending on the digital literacy of their customers. For more information, please click here.

On 26 February 2025, the FSA announced draft revisions to the Administrative Guidelines (Volume 3: Concerning Financial Companies) for crypto asset exchange operators. The amendments aim to regulate the sale of crypto assets to investors with specific knowledge and experience. For more information, please click here.

On 27 February 2025, the FSA announced the Draft Regulations for the Association of Authorized Fund Settlement Business Operators in line with Article 32, Paragraph 7 of the Cabinet Office Ordinance on Electronic Payment Means Transaction Operators. This provision specifies that when an electronic payment method substitutes all or part of a security deposit in margin transactions, the substitute price is determined by the rules of the Authorized Payment Service Business Association, as specified by the Financial Services Agency Commissioner. For more information, please click here.