Finance Law Newsletter

Outline of the 2019 Amendment Bill for the PSA, FIEA, and Other Statutes

Finance Law Newsletter

This article provides a brief explanation of a bill submitted on March 15, 2019 to amend the Payment Services Act, the Financial Instruments and Exchange Act, and other statutes, which will make regulatory reforms to, among others, crypto-assets (or virtual currencies) and investment-type ICO tokens, the use and utilization of information by financial institutions, and the treatment of security interests for OTC derivatives and certain other transactions upon the commencement of reorganization proceedings.

This article is also available in Japanese.

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