Japan Plans Hub for Foreign Brokers to File in English in Attempt to Recruit Banks
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Japan is considering creating a hub where financial firms can file regulatory paperwork in English as Tokyo aims to recruit banks and brokerages away from Hong Kong and other parts of the world, according to people familiar with the matter.
The one-stop venue could start operating as soon as next spring with English-language filing to begin before that in early 2021 via Japan’s Financial Services Agency, according to the people.