Authorisation & Licensing regulatory updates from Japan.
We track 49 Authorisation & Licensing updates from Japan regulators, published by JFSA. The archive covers 44 news items, 3 speeches and 1 guidance. Most recent update: September 2026.
This is the FSA's standard weekly review publication summarizing website updates, press conferences, and council activities for the week of September 7–11, 2026. Content includes: draft amendments to insurance supervision guidelines (public comment phase), EDINET taxonomy updates, disaster relief financial measures, a...
This is the FSA Weekly Review No. 702, a compilation of administrative updates and announcements from August 31 – September 4, 2026. Key items include: (1) a Cabinet Office Order amendment regarding money lending operations and nationality registration (Authorisation & Licensing); (2) publication of public...
On August 27, 2026, Japan’s Financial Services Agency (JFSA) revised its Q&A on Financial Instruments Business by adding Question 7. It states that distribution by Financial Instruments Business Operators of overseas single-stock leveraged ETFs referencing shares of Japanese companies is not considered to be in the public interest, signaling that firms should not rely on the fact that a product is listed overseas or previously reportable as sufficient justification for distribution in Japan.
Key dates
2026-08-27
JFSA published the revision and added Question 7 to the Q&A on Financial Instruments Business.
Suggested considerations
Firms should identify all overseas-listed ETFs distributed or made available to Japanese customers and isolate products with a single Japanese-company equity exposure and leveraged or inverse performance objectives.
Compliance teams may wish to suspend onboarding, marketing, solicitation, and new sales of affected products pending a documented legal and compliance assessment of the revised Question 7 and any follow-up JFSA communications.
Firms should review whether existing distribution arrangements, product lists, customer disclosures, suitability controls, and overseas-product filing processes remain defensible in light of the JFSA’s public-interest position.
Broker-dealers should assess whether affected products can remain accessible on an execution-only basis, including the risk that continued availability could be viewed as distribution or otherwise inconsistent with the JFSA’s stated view.
Firms should obtain product-level information on the reference asset, leverage or inverse multiple, daily reset methodology, derivatives and rebalancing arrangements, listing venue, and Japanese investor access channels.
Market surveillance and product-governance teams may wish to evaluate whether distribution of affected products could contribute to volatility, disorderly trading, or concerns about price formation in the Japanese underlying shares.
Senior management should document escalation, inventory decisions, customer communications, and any decision to close or restrict positions, while monitoring for amendments to the Financial Instruments and Exchange Act framework, supervisory guidelines, or additional JFSA expectations.
What changed
The JFSA added Question 7 to its Q&A on Financial Instruments Business. The revised guidance expresses the JFSA’s view that distributing overseas single-stock leveraged ETFs whose underlying assets are shares of Japanese companies is not in the public interest because the products may amplify fluctuations in the prices of the underlying shares listed on Japanese exchanges and may significantly affect price formation in Japan’s financial markets.
Compliance impact
The publication is guidance rather than an expressly stated statutory ban, but it creates a significant supervisory and conduct risk for Japanese Financial Instruments Business Operators that continue distributing affected products. The JFSA links the activity to potential amplification of Japanese equity-price fluctuations and significant effects on domestic market price formation; market commentary suggests the signal is aimed at closing or discouraging reliance on overseas listing status and prior notification procedures.
This is an organizational announcement from the JFSA regarding internal strategic upgrades and a new policy framework. It outlines the FSA's 20-year vision with three core policy objectives: financial system stability, user protection, and market fairness.
FSA weekly digest covering multiple regulatory updates including cybersecurity in crypto-asset businesses, corporate governance code finalization, personal information protection guidelines, regional financial institution initiatives, and FinTech PoC Hub results on AML countermeasures.
This is an informational publication by JFSA announcing a progress report on advancing asset management services in Japan. It is a regulatory update document rather than a directive or enforcement action.
Publication of research report on cybersecurity issues and countermeasures in crypto-asset businesses by JFSA. This is informational content announcing regulatory research and innovation support initiatives rather than enforcement action or urgent directive.
FSA Weekly Review is a regulatory digest summarizing multiple policy updates and public consultations. Key items include amendments to Money Lending Business Act regulations, international accounting standards updates (IFRS/IAS), Financial Instruments and Exchange Act amendments for digitalization, Banking Act...
This is an informational regulatory guidance document from Japan's FSA establishing a FinTech Support Desk and publishing comprehensive FAQ on regulatory requirements. It covers multiple FinTech sectors including cryptoassets, electronic payment services, funds transfer, and ICOs.
Japan’s Financial Services Agency (JFSA) has finalized a partial amendment to the *designation of countries and regions* under Articles 17-2 and 17-3 of the Order for Enforcement of the Act on Prevention of Transfer of Criminal Proceeds (APTCP), expanding the list of foreign jurisdictions that are subject to Japan’s crypto/e-money **travel rule** framework. The change matters because Japanese cryptoasset and electronic payment instrument service providers must now apply full originator/beneficiary information transmission when dealing with additional foreign VASPs in newly designated jurisdictions, and must adjust their AML/financial crime controls and routing logic accordingly by 3 August 2026.
Key dates
Early 2Q 2024
- JFSA previously indicated additional jurisdictions would be added to the travel rule scope, signaling the ongoing evolution of the jurisdiction list and the need for firms to monitor regulatory updates
July 2026
- JFSA publishes the finalized partial amendment to the designation of countries/regions under Articles 17-2 and 17-3 of the Order for Enforcement of the APTCP following public consultation, confirming five additional jurisdictions
03 August 2026
- The finalized amendment to the designation of countries and regions under Articles 17-2 and 17-3 of the Order for Enforcement of the APTCP takes effect; travel rule obligations for transfers to VASPs in the newly added jurisdictions become legally binding from this date
Suggested considerations
Review and obtain the official Attachment to identify the five newly added jurisdictions and verify their exact legal names and any specific conditions attached to their designation.
Update internal jurisdiction lists and travel rule mapping to reflect all currently designated countries and regions under Articles 17-2 and 17-3, including the newly added five jurisdictions, ensuring that this mapping is embedded in transaction routing and screening engines.
Revise travel rule implementation procedures so that originator and beneficiary information is consistently transmitted for all transfers of cryptoassets and electronic payment instruments from Japanese VASPs to foreign VASPs located in designated jurisdictions, including the new additions.
Confirm that no de minimis threshold is applied in practice to covered transactions and that systems are configured to send travel rule data regardless of transaction size when the counterparty is in a designated jurisdiction.
Update customer and counterparty onboarding documentation and contractual terms for foreign VASPs in newly designated jurisdictions to reflect their status as travel rule counterparties and any data-sharing, security, and retention requirements.
What changed
- Japan has finalized a partial amendment to the list of designated countries/regions under Articles 17-2 and 17-3 of the Order for Enforcement of the Act on Prevention of Transfer of Criminal...
The amendment expands the set of foreign jurisdictions for which Japanese firms must apply travel rule obligations when transferring cryptoassets and electronic payment instruments to foreign VASPs,...
For transfers of cryptoassets and electronic payment instruments from Japanese VASPs to foreign VASPs, travel rule obligations apply only when the counterparty VASP is located in a jurisdiction...
Transfers to foreign VASPs in non-designated jurisdictions remain outside the Japanese travel rule transmission obligation, reflecting JFSA’s concern about regulatory ineffectiveness where equivalent...
The amendment confirms that the travel rule applies to both cryptoassets (virtual assets, VAs) and electronic payment instruments, including stablecoins (SCs) handled by Cryptoasset Exchange Service...
Compliance impact
Non-compliance with the expanded travel rule obligations for designated jurisdictions from 3 August 2026 exposes Japanese VASPs and related institutions to administrative sanctions, supervisory actions, and potential business restrictions under the APTCP and related AML/CTF frameworks. Given the focus on cross-border virtual asset transfers, failures may also create heightened ML/TF risk exposure and reputational damage, including scrutiny from foreign regulators aligned with FATF standards.
This is an informational announcement of a bilateral cooperation framework between Japanese and Indian financial regulators. It establishes mutual cooperation on financial product development and regulation but contains no specific regulatory requirements, enforcement actions, or time-sensitive directives.
Press conference announcing Japan's first trust-type stablecoin issuance by SBI Group. Minister discusses regulatory support and institutional framework development for stablecoins. Informational content regarding innovation in on-chain finance and payment services.
To showcase the appeal of Japan’s fintech industry to the global community and create new business opportunities for further development, Japan Fintech Week 2026 will be held from February 24th to March 6th. By collaborating with related events organized by various industry groups, this initiative aims to provide a…
Why this matters
This is an informational announcement about Japan Fintech Week 2026, a collaborative industry event organized by the JFSA. It covers multiple fintech sectors and includes discussions on AI and blockchain technology.
FSA weekly review covering multiple regulatory updates including trust business approval for North Pacific Bank, administrative action against Moomoo Securities Japan, insurance company financial results, unregistered financial instruments operators, and policy evaluations.
FSA weekly review containing multiple regulatory updates including amendments to banking supervision guidelines, capital adequacy requirements aligned with Basel Accords, administrative measures against securities firms, and financial results reporting.
This is an informational announcement of a bilateral memorandum of cooperation between Japanese FSA and Ukrainian NSSMC focused on securities market regulation, investor protection, and market integrity.
FSA weekly review covering multiple regulatory updates including new electronic payment instruments/cryptoassets intermediary business registration system launched June 1, 2026, administrative action against KROSY Inc., and asset management business initiatives.
This is a compilation of speeches by JFSA officials spanning multiple years (2015-2026) covering various regulatory topics including corporate governance, financial innovation, sustainable finance, and market regulation.
This is a compilation of JFSA speeches and remarks from various officials spanning 2015-2026. Content is informational/archival in nature covering regulatory priorities, international coordination, and policy initiatives across multiple financial sectors.
This regulatory update discusses the Japanese Financial Services Agency's (JFSA) support for a project on advanced payments and interbank funds settlement using tokenized deposits and blockchain technology.
This regulatory update from the Japanese Financial Services Agency (JFSA) warns investors about the risks of 'cold calling' by unregistered and unauthorized entities. It provides a list of suspected 'cold callers' and non-existent government agencies that may be used to mislead investors.
This appears to be an informational update from the Japanese Financial Services Agency (JFSA) regarding the Expert Panel on the Revision of the Corporate Governance Code.
This regulatory update from the Japanese Financial Services Agency (JFSA) focuses on trends in high-speed trading, which is a topic relevant to capital markets and trading firms.
This regulatory update covers a range of topics relevant to banking, investment management, and capital markets firms, including prudential requirements, reporting and disclosure, and authorization and licensing. The medium urgency reflects the ongoing nature of these regulatory developments.
This regulatory update announces the third meeting of an expert panel on revising the corporate governance code in Japan. It is relevant for banks and wealth managers as it relates to governance and licensing requirements.
This news article discusses the hosting of overseas banking regulatory officials by the Japanese Financial Services Agency (JFSA) at the Global Financial Partnership Center (GLOPAC).
This regulatory update discusses a bilateral meeting between Japanese and Bermudian insurance regulators, focusing on cross-border insurance activities and supervisory cooperation. This is relevant for insurance firms operating in both jurisdictions.
The regulatory update discusses an investigation by the Japanese Financial Services Agency (JFSA) into the use of celebrity names without permission in crypto-asset projects, specifically the SANAE TOKEN project.
This regulatory update discusses the issuance of a crypto-asset named 'SANAE TOKEN' and the potential regulatory response from the Japanese Financial Services Agency (JFSA).
This regulatory update from the Japanese Financial Services Agency (JFSA) announces a bill to extend and enhance the capital participation system and fund-grant system for regional financial institutions.
This is an informational update from the Japanese Financial Services Agency about the upcoming 'Japan Weeks 2026' event series, which aims to promote Japan as an international financial center and asset management hub.
This regulatory update from the Japanese Financial Services Agency (JFSA) provides information on the status of non-performing loans held by banks in Japan as of September 2025.
This regulatory update discusses a demonstration experiment on advanced securities settlement using blockchain technology and stablecoins, which is a significant development in the financial services industry.
This regulatory update announces the second meeting of an expert panel on revising the corporate governance code in Japan. It is an informational update relevant to banks and wealth managers in the capital markets and private banking sectors, focusing on governance and licensing requirements.
This regulatory update from the Japanese Financial Services Agency (JFSA) relates to the publication of a report by the Working Group on Crypto-asset Systems of the Financial System Council.
This regulatory update covers several topics relevant to banking, investment management, and capital markets firms, including prudential requirements, reporting and disclosure, and authorization and licensing. The medium urgency reflects the need for firms in these sectors to monitor these developments.
This regulatory update covers a range of topics relevant to banking, investment management, and capital markets firms, including prudential requirements, reporting and disclosure, and licensing. The medium urgency reflects the general informational nature of the update.
This regulatory update from the Japanese Financial Services Agency (JFSA) relates to the revision of the Corporate Governance Code, which is relevant for banks, wealth managers, and other financial firms operating in Japan.
This regulatory update from the JFSA provides information on the list of institutional investors that have accepted the Principles for Responsible Institutional Investors (Japan's Stewardship Code) as of December 31, 2025.
This regulatory update announces a joint meeting of the Financial System Council and Sectional Committee on Financial System. This indicates discussions and potential policy changes related to banking, investment management, and capital markets regulation, including prudential requirements, reporting, and licensing.
This press conference covers several topics relevant to the financial services sector, including the role of the Banks' Shareholding Acquisition Corporation, financial support strategy, and the shift from savings to investment.
This is a speech by the Japanese Minister of Finance and Minister of State for Financial Services, discussing Japan's participation in the World Economic Forum. It covers topics related to consumer protection, technology/cyber, and regulatory authorization/licensing, which are relevant for banks, wealth managers, and...
This regulatory update covers changes to reporting requirements for authorized insurers, public consultation on accounting standards, and approval of special business enhancement plans for credit cooperatives.