Japan’s Financial Services Agency Proposes Amendments to Two Key Finance Laws

Japan’s Financial Services Agency (Japan financial regulator) submitted a bill to the 221st Diet and released outline and explanatory materials alongside the proposal.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Financial Instruments and Exchange Act: A Japanese law governing financial products, securities trading, and market conduct.
  • Payment Services Act: A Japanese law covering payment providers and related financial service operations.
  • Diet: Japan’s national legislature, where bills are submitted for debate and approval.