The Japan Financial Services Agency has updated its public disclosure of persons and businesses that have been issued warning letters for conducting financial instruments trading business without registration, including separate lists for unregistered domestic and overseas operators and an HTML summary. The disclosure is limited to operators confirmed to be acting without registration at the time the warning letter was issued, including cases involving notifications under Article 63, paragraph 2 of the Financial Instruments and Exchange Act (Qualified Institutional Investors, etc.). The agency notes that parties not shown may still be engaged in unregistered activity and that inclusion does not necessarily reflect current status, with names and locations potentially no longer current; the HTML summary omits addresses, which remain available in the PDF and Excel files. It also directs readers to information on Securities and Exchange Surveillance Commission court petitions for injunction or suspension orders and to related guidance on fraudulent investment solicitations and reporting channels.
Japan Financial Services Agency 2026-01-29
Japan Financial Services Agency updates public list of entities warned for unregistered financial instruments trading
The Japan Financial Services Agency has updated its disclosure of entities issued warning letters for unregistered financial instruments trading, listing both domestic and overseas operators. The update includes an HTML summary and directs readers to related guidance and reporting channels, noting that inclusion does not necessarily reflect current status.