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ADR for financial sector retail to start soon, but it is still flawed
- Herbert Smith Freehills LLP
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- Japan
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- November 16 2009
Inadequate protection and redress for financial sector retail consumers is, in the eyes of Japan's Financial Services Agency ("FSA"), a barrier to the development of Japan's capital markets and domestic trust in those capital markets
Sweeping reforms to UK financial services regulatory regime might be an example to Japan
- Herbert Smith Freehills LLP
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- Japan, United Kingdom
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- September 30 2010
Japan's financial regulator, the Financial Services Agency (Japanese FSA), has not been subject to clear pressure to reform unlike regulators in most other developed capital markets
