Aggregated News From Investment Management Regulators

Emergency Registration Exemption for Foreign Financial Institutions / Asset Managers(Temporary relief to address overseas business disruptions due to disaster or other reasons)

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On July 22, 2020, the Financial Services Agency of Japan (hereinafter the “FSA”) amended the Cabinet Office Order on Definitions under Article 2 of the Financial Instruments and Exchange Act. This amended order introduced a scheme for foreign financial services providers, including asset management companies to be exempted from registration requirements by obtaining confirmation by the FSA, which enables them to conduct their business operations in Japan for a certain period of time when they have difficulty in continuing their financial instruments business in their home jurisdiction due to disaster or other reasons. The FSA hereby publicizes English versions of related materials as shown in Attachments.

(Attachment 1)
Q&A Concerning the Emergency Registration Exemption for Foreign Financial Institutions / Asset Managers
(Attachment 2)
Application and Pledge Form
(Reference)
The Cabinet Office Order on Definitions under Article 2 of the Financial Instruments and Exchange Act

Contact

[Where to submit a written application]
Asset Management Business Office, Securities Business Division, Supervision Bureau
email: [email protected]

[Consultation concerning opening and expanding business bases in Japan]
Financial Market Entry Consultation Desk,
Strategy Development Division, Strategy Development and Management Bureau
email: [email protected]

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Regulator Information

Abbreviation: FSA
Jurisdiction: Japan

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