Japan: demystifying article 63

Author: | Published: 17 Oct 2018

Investments made on behalf of qualified institutional investors have had a specific – and at times complex – regime since 2007

Since 2007, a large number of offshore fund managers have sought to raise capital in Japan by making self-offerings to, and conducting self-asset management activities for, Japanese investors in reliance on the exemption set forth in article 63 of the Financial Instruments and Exchange Act (FIEA). The exemption's scope and qualification requirements in both the distribution and asset management contexts need to be demystified....


 

 

close Register today to read IFLR's global coverage

Get unlimited access to IFLR.com for 7 days*, including the latest regulatory developments in the global financial sector, updated daily.

  • Deal Analysis
  • Expert Opinion
  • Best Practice

register

*all IFLR's global coverage published in the last 3 months.

Read IFLR's global coverage whenever and wherever you want for 7 days with IFLR mobile app for iPad and iPhone

"The format of the Review has changed over the years; the high quality of its substantive content has not."
Lee C Buchheit, Cleary Gottlieb

register