The initiative is part of the government’s asset management nation plan and is referred to as the Japan version of the EMP.
Japan’s FSA (Financial Services Agency, the country’s financial regulator) updated the progress of its program to promote emerging asset managers, described as the Japan version of the EMP. The initiative sits under the government’s plan to make Japan an asset management-oriented nation, signaling continued work on policies aimed at broadening the country’s investment management base.