FSA opens office to provide advice in English to foreign financial firms entering Japan

FSA opens office to provide advice in English to foreign financial firms entering Japan

The Financial Services Agency has opened an office to assist foreign financial companies with the regulatory processes needed to start operating in Japan – from pre-application consultation to post-registration supervision and inspection – with all services available in English.

The launch of the financial markets entry office aims to expand Japan’s role as an international financial center, the FSA said in a press release.

In coordination with local finance offices across Japan, the office and more than 10 FSA officials began operations on January 12 for “all types of foreign business operators,” including management companies. assets and funds.

In an effort to emulate other Asian financial centers such as Hong Kong and Singapore, online communication and video conferencing will be available in English.

“Our goal is to make Japan a financial center open to the world by making its financial administration available in English and by offering a one-stop-shop service,” said the Minister of Finance …

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