The notice directs investors to firms lacking registration or approval under financial instruments laws and to entities posing as non-existent Japanese government agencies.
Japan’s Financial Services Agency updated its cold-calling warning list as of June 30, pointing investors to entities that have not received the regulator’s registration or authorization under the Financial Instruments and Exchange Act and to purported Japanese government bodies that do not exist. The notice frames cold calling as fraudulent investment solicitation and serves as an investor alert.