Japan to reform Fiel, plans professionals market

News

Japan's cabinet approved a bill on March 4 submitted by the Financial Services Agency (FSA) for revisions to the Financial Instruments and Exchange Law (Fiel), which was enacted last September. The bill - which will now go to the Diet, Japan's parliament - is seen as the first major reform of the country's financial markets in more than 10 years, analysts say.

The crux of the changes is a plan to create a high-risk, high-return market for professional investors. By shutting out non-professionals,

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: