Japan’s Financial Services Agency (FSA) promulgated a Cabinet Office Ordinance amending the Enforcement Regulations of the Trust Business Act and the Enforcement Regulations of the Act on Concurrent Operation of Trust Business by Financial Institutions, setting out the regulatory provisions it deems necessary following the entry into force of the Act on Public Interest Trusts. The FSA treated the amendments as consequential provision adjustments that are naturally required due to the enactment, revision, or repeal of other laws and regulations, and therefore did not conduct a public comment process under the Administrative Procedure Act. The ordinance will take effect on 1 April 2026.
Japan Financial Services Agency 2026-03-02
Japan Financial Services Agency promulgates amendments to trust business enforcement regulations to reflect the Public Interest Trusts Act
Japan’s Financial Services Agency issued a Cabinet Office Ordinance amending the Enforcement Regulations of the Trust Business Act and related regulations following the Act on Public Interest Trusts. The amendments are considered necessary adjustments due to changes in other laws, and no public comment process was conducted. The ordinance will be effective from 1 April 2026.