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Japan
Anderson Mori & Tomotsune
Lead Bank Regulators The principal regulator is the Financial Services Agency of Japan ("FSA"). Its authority to supervise banks in Japan is delegated by the Prime Minister.
Anderson Mori & Tomotsune
On June 1 2023, the amended Payment Services Act (the "PSA" or "amended PSA") went into effect along with the Cabinet Office Ordinance on Electronic Payment Instruments...
Anderson Mori & Tomotsune
On November 23, 2023, the Financial Services Agency announced that the ``Guidelines for Management Guarantees Study Group'' published the `` Basic Concept of the Guidelines...
Anderson Mori & Tomotsune
As of November 27, 2023, the Financial Services Agency has released the ``Comprehensive Supervisory Guidelines for Small and Medium-sized...
Nishimura & Asahi
On December 21, 2018, the Financial Services Agency of Japan (the "FSA") released the final report of the "Study Group on the Virtual Currency Exchange Services," which proposed major reforms...
Nishimura & Asahi
On December 20, 2019, the Financial Services Agency of Japan (the "FSA") released a report by the "Working Group on Regulations for Payment Services Providers and One-Stop Financial Services Brokers"...
Anderson Mori & Tomotsune
One of the Japanese media has recently reported that the bill named as "CCS Business Act" is
expected to be submitted to the regular Diet's session of Japan next year 2024.
Anderson Mori & Tomotsune
Until 2022, the COVID-19 pandemic was one of the significant concerns in the Japanese financial market. However, from 8 May 2023...
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