Japan Financial Services Agency Issues Amendment to Cabinet Order on Special Zones Act

The regulator updates provisions under Article 26 to refine special measures in designated economic zones, aiming to enhance policy implementation efficiency.

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Terms & Concepts
  • Japan Financial Services Agency (JFSA): Japan's national financial regulator responsible for overseeing banking, securities, and insurance sectors.
  • Cabinet Order: A legally binding ordinance issued by Japan's Cabinet to enforce laws and regulations.
  • National Strategic Special Zones Act: A Japanese law creating designated zones with relaxed regulations to promote economic growth and innovation.