The Japanese government tries to attract investors thinking about leaving Hong Kong because of recent instability there.
Financial Services Agency of Japan launched a website, “Japan as an International Financial Center,” to promote friendliness of Japanese regulations and tax policies related to foreign investors. The Agency published a draft amendment to Financial Instruments and Exchange Act and public comments submitted regarding the amendment.
The following is the Japanese website for detailed information.
The Japanese Government is committed to expanding Japan’s role as an international finance hub. New policies will help foreign asset managers and other financial institutions enter the Japanese market so that they may contribute to improve Japan’s financial and capital markets in tandem with local players and eventually we may better serve as an international financial center in Asia and the world.