Regulatory Alerts2025-10-08
Comprehensive Guidelines for Investment Management-Related Service Entrusted Business Operators
The Financial Services Agency (FSA) issued these supplementary guidelines for the supervision of Investment Management-Related Service Entrusted Business Operators, aiming to ensure their appropriate business operations and enhance Japan's investment management sector. These guidelines support a voluntary registration system by ensuring the quality of outsourced investment management-related services, thereby relaxing personnel structure requirements for Investment Management Business Operators. They detail supervisory evaluation points, administrative procedures, and specific requirements for operational control systems, covering internal rules, information management, communication with outsourcers, personnel qualifications, conflict of interest identification, and preventing undue influence from other business activities.