Japan
Legislative and Regulatory Amendments
- Financial Services Agency (FSA)
The draft amendments aim to update the regulation to cover cases brought about by advances in information technology. The main changes include the development of regulations regarding the digitisation of investments in special corporations, the provision of rules regarding notice periods for requesting the account information of shareholders, and the establishment of provisions on public inspection via the internet etc.
Date of Release: 11 July 2024
Implementation on: TBC
Applicable to: Financial Institutions
Draft Order amending part of the Order on Account Management Institutions
The draft amendments aim to lift the prohibition of foreign account management institutions becoming a top domestic account management institution as long as certain requirements are met, thereby enabling domestic investors to use a foreign account management institutions settlement platform
Date of Release: 30 August 2024
Implementation on: TBC
Applicable to: Financial Institutions
The draft amendments aim to relax some upper limits of trading volume for auction bidding systems, as well as relaxing the criteria for trading volume of securities without authorisation.
Date of Release: 13 September 2024
Implementation on: TBC
Applicable to: Financial Institutions
Consultations
No consultations in Japan for Q3
This document is provided for information purposes only and does not constitute legal, tax, investment, regulatory, accounting or other professional advice. For more information on the legal and regulatory status of IQ-EQ companies please visit www.iqeq.com/legal-and-compliance.