bankruptcy
In a newsletter published at the end of June, Anderson Mori & Tomotsune (AMT) lawyers explained the newly enacted "Act on Procedures for Adjustment of Debts Owed by Business Operators to Financial Institutions, etc. for Facilitating Business Turnaround," referred to as the "Early Business Turnaround Act."
crypto
The 55th General Meeting of the Financial System Council and the 43rd Joint Meeting of the Financial System Subcommittee, jointly held on Wednesday, June 25, reviewed the current status of and the regulatory framework for crypto assets in Japan. The regulatory approach aims to balance user protection with innovation promotion,
policy
The "Grand Design and Action Plan for a New Form of Capitalism, 2025 Revised Edition," was approved at a Cabinet meeting on June 13, 2025. It is a comprehensive policy blueprint from the Japanese government outlining its strategy to fundamentally reshape the nation's economy. It presents
crypto
The Japan Cryptoasset Business Association (JCBA) has presented its business report for Fiscal Year 2024 (from April 2024 to March 2025), a period marked by significant transformation and strategic advancement for both the global and domestic digital asset industries. The report (in Japanese) details the association's extensive activities
regulation
The Securities and Exchange Surveillance Commission (SESC) has submitted three recommendations for the strengthening of market surveillance functions to the Prime Minister and the Commissioner of the FSA: * Expanding insider trading regulations to cover more types of related parties * Strengthening administrative monetary penalties by increasing amounts and expanding scope to
regulation
The Financial Services Agency established the "FinTech Proof-of-Concept Hub" on September 21, 2017, with the aim of accelerating challenges toward innovation utilizing FinTech. This initiative was created to dispel the hesitation and concerns that FinTech companies and financial institutions tend to have when attempting unprecedented proof-of-concept experiments. Now,
regulation
Listed companies basically face no restrictions under the current legal framework when conducting pre-meeting disclosure. The Financial Services Agency has curated all relevant documents on a single web page, and the following is the translation of the overview. Financial Instruments and Exchange Act * The deadline for submitting the annual report
credit card
Nudge has obtained a license as a "Certified Comprehensive Credit Purchase Intermediary" based on the Installment Sales Act. When entering the credit card business as a startup, Nudge initially operated as a "Small-Amount Comprehensive Credit Purchase Intermediary", offering credit cards with limits of 100,000 yen
crypto
In light of the current state of cryptocurrency transactions, the Financial Services Agency has been examining the state of systems related to cryptocurrencies, as outlined in the Financial Administration Policy for Fiscal Year 2024. They have compiled the results of that examination in the form of a discussion paper released
Insurance
The Financial Services Agency (FSA) has issued business improvement orders to four non-life insurance companies, namely Tokio Marine & Nichido Fire Insurance, Aioi Nissay Dowa Insurance, Sompo Japan Insurance, and Mitsui Sumitomo Insurance, pursuant to Article 132, Paragraph 1 of the Insurance Business Act concerning incidents of customer information leakage.
crypto
Hong Kong-based RigSec Technology, a leading provider of regulated digital asset wallet solutions, and Tokyo-based Vlightup have begun discussions to collaborate on solving security issues in cryptocurrency wallets. The partnership aims to leverage the technological strengths of both companies to provide a safer and easier-to-use wallet solution. RigSec is a
conduct
Japan Post Holdings, Japan Post, Japan Post Bank, and Japan Post Insurance confirmed cases in which non-public financial information on customers' savings was used at post offices to invite customers to visit the post office for the purpose of soliciting Japan Post Insurance products without prior consent from the