Japan Forex License

Obtaining a Japan forex license can be a very complex process to understand as the financial services industry in Japan is extremely vast and advanced. There are a number of laws to understand and comply with in Japan with respect to the operation and management of forex broker firms. It is therefore a necessary option to seek the advise and guidance of a professional consultancy that is familiar with Japan financial services industries.

For information on how DeltaQuest can provide comprehensive consultancy on all areas of Japan Forex licensing, Contact DeltaQuest.

Japan Forex Broker Firms, the Japan FSA

The regulatory body responsible for the framework and industry standards by all financial services institutions is the Financial Services Agency – also referred to as the FSA. The Japan FSA is a government body charged with the principle responsibilities of overseeing sectors such as; securities, insurance and banking to name only a few.

Answerable to the Minister of Finance in Japan, the FSA is a well structured and highly organized body with a wide scope of responsibility. Located in Tokyo, the Japan FSA was established in 1998 as an administrative organ. The purpose of the creation of the FSA was to have a governmental body to focus on both inspection and supervision of all financial institutions in the private sector.

The Japan FSA is responsible for ensuring the stability of the Japan financial services industry including the protection against market manipulation. Furthermore, the Japan FSA has powers of surveillance and investigation should issues of non compliance occur.

Although the Japan FSA was establish as an administrative organ in 1998, in Jan 2001 the FSA become the external organ of the Cabinet Office of Japan. After the elimination of the Financial Reconstruction Commission (FRC), the FSA took charge of all aspects related to failed financial institutions in Japan.

Obtaining a Japan Forex License, Japan FSA License

All applications for a Japan forex license are made to the Japan FSA. This is the regulatory body in charge of issuing Japan forex licenses to forex broker firms which comply and meet the necessary prerequisites. A company formed in Japan for the sole purpose of forex activity is required to apply for a Japan forex license. In addition, you must submit the relevant application form with the company Memorandum and Articles of Association, documentation demonstrating the internal and external operations of the company, fit and proper test results and a company business plan.

DeltaQuest are fully equipped to assist you with all aspects of your forex broker company and in obtaining your Japan forex license. We can advise you on how to manage your forex broker firm in compliance with the relevant Japan financial services laws, while also assisting you with filling in and submitting your broker license application form.  DeltaQuest consultants are highly experience in Japan financial services and will ensure you receive your Japan forex license in obtained timely and professional manner.

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