Japanese Regulations on Non-Fungible Tokens (NFTs)
In recent years, the exploitation of digital assets using blockchain technology has been rapidly expanding. Among these blockchain-based digital assets, NFTs have the ‘unique’ feature, and have therefore enjoyed an increasingly strong market presence. Various types of NTFs, such as those related to digital arts, athletes, musicians and intellectual property (IP), have been put into …
Continue reading “Japanese Regulations on Non-Fungible Tokens (NFTs)”
Japan establishes new exempted structures for investment management businesses
As outlined in our Newsletter in July 2021 (hereinafter, the 2021 Newsletter), the Financial Services Agency of Japan introduced new business structures to attract foreign investment management businesses, where they may enjoy exemption from registration as financial instruments business operators. The new exemption structures came into force on 22 November 2021. In a new issue …
Continue reading “Japan establishes new exempted structures for investment management businesses”
New Japanese Regulation on Telecommunications Businesses Provided by Foreign Business Operators
The Telecommunications Business Act of Japan (the “Act) provides a regulatory framework for telecommunications businesses. Recently, the number of platform services and other telecommunication services provided by foreign entities has greatly increased in Japan. As the number of these services continues to grow, massive data breaches and communication failures have occurred in the services provided …
Japan Establishes New Exempted Structures for Investment Management Businesses
The Financial Services Agency of Japan will introduce new business structures to attract foreign investment management businesses, where they may enjoy exemption from registration as a financial instruments business operator. The new exemption structures will come into force by November 2021. In this Newsletter, we will provide an overview and describe the key requirements of …
Continue reading “Japan Establishes New Exempted Structures for Investment Management Businesses”