Japan FSA Fund Management License (Investment and application industry) Application Registration Guide

divided into: Investment utilization industry (full authority to manage funds), Investment advice industry (only providing investment advice, lowest threshold), First/second type of financial law practice (involving the sale and solicitation of securities or fund shares). Judgment based on access to funds and decision-making power.

The legal floor for regular license plates is 5,000 Ten thousand yuan. If you apply for "Investment utilization industry for qualified investors (management scale ≤ 20 billion yen)", The minimum capital and net asset thresholds are relaxed to 1,000 Ten thousand yuan.

Applicants must demonstrate actual management, Personnel and business facilities meet the requirements of the corresponding financial product trading industry. Office form, Overseas entities and outsourcing plans should be checked according to application category, It cannot be concluded that any shared office is illegal or that all positions must use the same configuration..

managers, Asset handling personnel and compliance personnel must have knowledge commensurate with their responsibilities, Experience and Integrity Record. FSA by business scope, Scale and personnel division for substantive review, Official guidelines do not set a unified one-year minimum resume.

Conditional permission. The new bill allows outsourcing of services such as legal compliance and NAV valuation to trustees; Foreign capital is even allowed to legally authorize full investment authority to overseas licensed institutions., Only specialists who can exercise supervisory instructions need to be retained internally..

A "Business Method Statement" and internal procedures must be submitted, Executive Curriculum Vitae and Bankruptcy-Free Pledge, company final accounts report, Net assets calculation and income and expenditure plan for the next three years, and a breakdown of the structure of specific related persons and major shareholders..

The Japan Financial Services Agency guide states that prior consultation averages about 3 to 4 months., But it will vary significantly depending on business complexity and solution changes. The processing time for formal applications is subject to revision., Impact of personnel review and dispute resolution arrangements, It is not appropriate to write 6 to 12 months as a statutory guarantee.

Foreign investors who meet the conditions can be exempted from the Japanese language requirement. If the overseas affiliated institution already has licensing experience, Available through the Financial Markets Access Office (FMEO)"Submit the application dossier in English throughout the process, Participate in video pre-review and respond to subsequent supervision.

cannot be generalized. This system only applies to investors who meet specific investor structures, Collection methods and operating conditions of collective investment plans; manage, Recruitment, Sales and provision of services to Japanese investors must still be judged separately based on actual activities.

The license has no fixed validity period, No “annual license renewal” system. However, the implementation of "realism" continuous supervision, Net assets must be maintained above the legal minimum limit at all times. After joining an association such as JIAA, you need to pay an annual fee based on your income and accept compliance supervision..

If the actual net assets fall below the legal requirements, The executive’s disqualifying circumstances (such as criminal conviction or gang involvement), Violating the regulations on segregation and storage of client funds, or fails to reasonably explain the rationality of the sales fee sharing, are facing immediate severe administrative punishment..

Some central or local agencies will launch support plans for foreign financial enterprises, But qualifications, Cost range, The ratio and upper limit will change. Please refer to the current official fundraising rules, Subsidies should not be regarded as inevitable funding.

Investment management should be distinguished, Fund equity raising and agency sales and other activities, And determine Category I according to the guidance of the Financial Services Agency, Class II or related licenses and exemptions, The fund management name itself cannot cover all.

Can refer toSupervision and application information of Japan’s fund management license FSA authority, Check corresponding systems and processing information.

Submitting an application or obtaining a principled opinion does not mean that you are officially allowed to operate.. Final authorization should be confirmed first, Licensing conditions and prerequisites for starting business; Technical testing should be distinguished from real client funds and regulated transactions.

Cannot be regarded as the same approval. Regulatory authority assessment business authorization; Banks independently review customers, Source of funds and purpose of account. Obtaining a license or in-principle approval does not guarantee account opening, Clearing access and ongoing account services.

New products first, Customer Category, A case-by-case comparison of capital flows and operating areas with existing registrations or authorizations. If it exceeds the scope or affects the applicable conditions, Corresponding changes should be completed, It will be launched after notification or separate application..

Compare legal names, Registration or license number, Authorized business, Licensing conditions and actual website. Group brand, The identity of affiliated companies and agents cannot replace the authorization of the contracting entity., Should be cross-checked with official records and licensing documents.

Both may change the control relationship. Direct and indirect shareholdings should be identified before trading, Significant impact and changes in ultimate controller, Check approval or notification procedures, and write regulatory conditions into the delivery arrangements.

First check whether the license conditions are still met, Arrange temporary supervision, Business restrictions and handovers, and complete applicable personnel notifications or new hire approvals. Nominal substitutes cannot solve gaps in actual performance of duties.

It is recommended to record complaints, Products and people involved, Processing time limit, Evidence and conclusion, and inform customers of applicable upgrade channels.. Processes should be rectified when systemic problems are discovered, Instead of just closing a single ticket.