{
  "node_id": "jp-financial-instruments-exchange-act-2006",
  "title": "Japan Financial Instruments and Exchange Act 2006 (FIEA) - Securities Regulation",
  "domain": "Banking & Global Finance",
  "version": "1.1.1",
  "last_updated": "2026-04-30",
  "bluf": "Japan's Financial Instruments and Exchange Act 2006 (FIEA, Act No. 25 of 1948 as comprehensively amended in 2006) is the primary securities regulatory framework. It requires registration of securities offerings (including crypto-assets as Type II financial instruments from 2020), mandates prospectus disclosure, prohibits insider trading and market manipulation, regulates financial instruments business operators (FIBOs), and establishes conduct-of-business obligations including suitability, best execution, and KYC. The FSA (Financial Services Agency) is the primary regulator; SESC (Securities and Exchange Surveillance Commission) investigates violations.",
  "paywall": {
    "status": "LOCKED",
    "unlock_cost_usd": "0.01",
    "skyfire_id": "41779894-ece2-4163-9761-b3b1b76e19b0"
  },
  "crosswalks": {
    "_available_keys": [
      "iso_standard",
      "eu_regulation",
      "us_equivalent",
      "uk_equivalent",
      "global_framework"
    ],
    "_note": "Full crosswalk values included in vault response"
  },
  "dependencies": [
    "eu-market-abuse-regulation-596-2014",
    "eu-ucits-directive-2009-65",
    "eu-aifmd-directive-2011-61"
  ],
  "primary_citations_count": 5
}