Japan FSA publishes ex-post regulatory impact assessment on payment rules

The review was released under Japan’s Policy Evaluation Act as part of a reassessment of regulations related to payments, the agency said.

Summary

Japan’s Financial Services Agency published an ex-post regulatory impact assessment tied to a review of payment-related regulations. The assessment was conducted under the Policy Evaluation Act, a framework used to evaluate the effects of existing rules after implementation, and the agency said the results have now been made public.

Terms & Concepts
  • ex-post regulatory impact assessment: Review of regulation after implementation
  • Financial Services Agency: Japan’s financial regulator
  • Policy Evaluation Act: Law governing policy effectiveness reviews