Japanese regulatory sandbox

Japan may set up regulatory sandboxes to test drones, self-driving vehicles By Tech Wire Asia | 31 October, 2017 JAPAN’S government is looking into introducing a “regulatory sandbox” in three locations next year as the country continues to build up infrastructure to encourage technological innovation in various verticals. On the same day of 21 January 2019, The company also published another press release mentioning that it received official authorization to conduct the first blockchain-based finance project under the Regulatory Sandbox in Japan, managed by Cabinet Secretariat of the country. Within this project, the Company will be giving the involved crypto-exchanges “SETTLENET”*1. On June 6, 2018, the Act on Special Measures for Productivity Improvement came into force. The Act stipulates provisions for: [i] establishment of a project-based system called a “Regulatory Sandbox,” [ii] tax breaks for encouraging IoT investment for facilitating data sharing or collaboration, and [iii] encouraging SMEs to invest in business facilities to improve their productivity. The Regulatory Sandbox can be used by Japanese as well as overseas companies, and it enables companies that apply and receive approval for projects not yet covered by present laws and regulations to carry out a demonstration under certain conditions without the need for legal amendment. We invite you to join a speaker event, by Mr. Shuhei Kataoka, to learn about the Regulatory Sandbox in Japan. Join us to welcome a special guest, visiting us from the Japanese Embassy in UK, Shuhei Kataoka. He has agreed to speak to us about the Regulatory Sandbox in Japan. The FCA’s regulatory sandbox, created in November 2015, opened for applications in June 2016. The FCA takes on two small cohorts each year and has recently selected a third cohort, which will begin testing this month. The UK sandbox is available to new businesses that need to become authorised

On June 6, 2018, the Act on Special Measures for Productivity Improvement came into force. The Act stipulates provisions for: [i] establishment of a project-based system called a “Regulatory Sandbox,” [ii] tax breaks for encouraging IoT investment for facilitating data sharing or collaboration, and [iii] encouraging SMEs to invest in business facilities to improve their productivity.

4 Dec 2019 Japan's Financial Services Agency (FSA) has approved Lastroots as a licensed that were in business before Japan implemented crypto regulation. 4. Zimbabwe to work on a regulatory sandbox for cryptocurrency. 5. 16 Sep 2019 The Japanese government has recognized this, and is working to normalize The FSA approach to the regulatory sandbox is even more open. 7 Aug 2019 Meet Liquid's Head of Customer Support in Japan, Keisuke Ogasawara. After graduating from Kyoto University's Graduate School of Engineering, 14 Nov 2019 Tokai Tokyo Financial Holdings, a Japanese financial services the firm announced that it was admitted into a fintech regulatory sandbox set

5 Aug 2019 The 'moonshot' programme, run by Japan's Council for Science, Technology and Spain readies ground for fintech regulatory sandbox.

11 Nov 2019 Regulators are working to finalise the sandbox for healthy market Fintech and other new business lines make the creation of a regulatory sandbox necessary Japanese firms in Vietnam lack materials for production. The Virtual Currency Regulation Review (Japan Chapter) The Law Reviews Regulatory Sandbox in Japan - overview, effectiveness and challenges Korea regulatory innovations include RegTech, regulatory sandboxes, and. * Professor of Law Japan: The Japanese Financial Services Agency launched a. FinTech 31 Oct 2017 JAPAN'S govenrnment is looking into introducin a "regulatory sandbox" in three locations next year as the country continues to build up 10 Aug 2017 Magazine Article "Potential benefits of Japanese regulatory sandbox for proof of concept of autonomous vehicles and drones"

Japan’s regulatory sandbox was launched in June 2018 and is a cornerstone of the country’s efforts to promote fintech. Ryosuke Oue of Atsumi & Sakai reviews the progress so far. www.aplaw.jp: A s the fourth industrial revolution develops rapidly around the globe, it is obvious that countries need to cultivate new core technologies and

18 Apr 2018 As the second most expensive city in the world, Japan is known for many comprising of a regulatory sandbox scheme to spur innovation in AI, 3 Oct 2018 Japan offices: JETRO Headquarters in Tokyo, JETRO Osaka, 45 regional Japanese New Regime: “REGULATORY SANDBOX” scheme. 21 Jan 2018 and Finance Project Authorized by Regulatory Sandbox in Japan allows the exchanges to issue a stablecoin pegged to Japanese Yen 15 Dec 2017 The Prime Minister in Action - Prime Minister of Japan and His Cabinet. He also stressed the importance of the regulatory sandbox system for

On the same day of 21 January 2019, The company also published another press release mentioning that it received official authorization to conduct the first blockchain-based finance project under the Regulatory Sandbox in Japan, managed by Cabinet Secretariat of the country. Within this project, the Company will be giving the involved crypto-exchanges “SETTLENET”*1.

20 Feb 2017 Japan's largest bank has chosen blockchain technology as the core “We can enjoy and try to utilize the regulatory sandbox capabilities 18 Apr 2018 As the second most expensive city in the world, Japan is known for many comprising of a regulatory sandbox scheme to spur innovation in AI,