Ms. Yuri Suzuki, Partner

Mr. Hiroyuki Sanbe, Partner

Atsumi & Sakai

To ‘Innovate or perish’ is a maxim that is sometimes overused but the sentiment might be true for the financial sector as a result of FinTech developments. The likely transformative effect on the industry will create both challenges and opportunities and the impact may affect all sizes of firms and both  well-established  and new market players. Regulators will also need to take into account different practices and have a fit for purpose regulatory system in place.

In the  fourth seminar in our series on Fintech, Yuri Suzuki and Hiroyuki Sanbe, both partners from Atsumi & Sakai who specialise in this area, will give a presentation  focusing on Fintech developments in Japan including:

· A discussion about the state of the FinTech eco-system in Japan and  the role of regulators, industry, organisations and various other stakeholders

· Recent changes to the Banking Act and the Payment Services Act including the new legislation for virtual currencies

· Other regulatory issues that FinTech innovators will need to take into account

· Views on how FinTech will develop in Japan.