Newsletters
Sep 2022
Financial Services & Transactions Group Newsletter - Amendments to the Payment Services Act and the Act on Prevention of Transfer of Criminal Proceeds, etc. (Introduction of Regulations on Stablecoins)
Sep 2022| Authors | Takeshi Nagase Ken Kawai Takato Fukui Keisuke Hatano Honami Sohkawa |
|---|---|
| Issue | Sep 27, 2022 |
| Practice Areas | Finance and Financial Institutions |
Financial Services & Transactions Group Newsletter titled "Amendments to the Payment Services Act and the Act on Prevention of Transfer of Criminal Proceeds, etc. (Introduction of Regulations on Stablecoins)" has been published.
Contents
1 Overview
2 Definition of “Electronic Payment Instruments”
3 “Electronic Payment Instruments Exchange Service” and “Electronic Payments Handling Service”
3-1 Correspondence between definitions in the Report and the Amended Act
3-2 Relationship between Electronic Payments Handling Service and Bank Agency Service or Electronic Payment Intermediate Service
3-3 Code of Conducts
3-4 Implementation of business models other than those deemed typical in the Report
Contents
1 Overview
2 Definition of “Electronic Payment Instruments”
3 “Electronic Payment Instruments Exchange Service” and “Electronic Payments Handling Service”
3-1 Correspondence between definitions in the Report and the Amended Act
3-2 Relationship between Electronic Payments Handling Service and Bank Agency Service or Electronic Payment Intermediate Service
3-3 Code of Conducts
3-4 Implementation of business models other than those deemed typical in the Report
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