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
credit card
The Japan Consumer Credit Association (JCA) has published the final version of, and outlined the key revisions to the Credit Card Security Guidelines, Version 6.0, focusing on enhancements to address evolving fraud risks and emerging technologies in the credit card payment ecosystem. The revisions are primarily aimed at strengthening
payments
In response to the advancement of financial digitalization, and to ensure user protection while promoting innovation, it is necessary to: * subject certain fund transfers involving the movement of funds from domestic to foreign locations or from foreign to domestic locations (where a person who has been entrusted by a creditor
supervision
The Bank of Japan (BOJ) annually establishes examination implementation policies. These policies are updated each year by the BOJ's Policy Board. In 2025, the policy document outlines the approach to onsite examinations and offsite monitoring of financial institutions. It emphasizes the importance of understanding changes in the financial
digital money
The Bank of Japan's Institute for Monetary and Economic Studies (IMES) is conducting research on legal systems with a focus on digital money. In a newsletter published last week in Japanese, they have introduced some of their latest research findings. 1. What is Digital Money 2. Research Introduction
digital assets
Hitachi, together with NTT Digital, OPTAGE, Crypto Garage, JPYC, Chainalysis Japan, Digital Platformer, NEC, Nomura, bitbank, finoject, Hokkoku Bank, and Laser Digital Japan, has begun a proof-of-concept experiment from February to April 2025 aimed at improving the effectiveness and standardization of anti-money laundering practices for digital asset trading including cryptocurrency,