Corporate Financial Accounting and Personal Finance Management

Support for regulatory licenses and business development in relation to platforms for corporate financial accounting and platforms enabling visualization of personal assets

Market Developments

Services enabling corporate financial accounting and personal finance management using account balances and account statements to collect and visualize financial information in a cross-sectional way from the user’s perspective. These financial platforms have been drawing interest given the prospect to connect to a variety of other services. In terms of providing these services, while revision to the Banking Act in 2017 led to the introduction of a registration system for electronic payment services, an obligation to make efforts to establish API frameworks was also imposed on financial institutions, and there has recently been a dramatic technological shift from application services that use conventional web scraping to services that use APIs, and the utilization of data has also advanced.

Our Services

In addition to supporting development of sample contract clauses, the firm also provides regulatory support, including negotiations with authorities and preparation of registrations, and support for business alliances, such as API agreements between financial institutions and business operators. We use our deep knowledge of relevant regulatory frameworks, including personal information protection law and antimonopoly law, to offer strategic and practical advice on data linkage and utilization. Our unrivalled experience enables us to provide comprehensive support in the development of new types of financial services and products.

Corporate Financial Accounting and Personal Finance Management:People

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Corporate Financial Accounting and Personal Finance Management:News

Awards
Top Rankings in "asialaw Profiles 2021"
Public Service
Takane Hori became the member of Open API Promotion Study Group, Japanese Bankers Association
Public Service
Masakazu Masujima became the member of Study Group on Open API, Japanese Bankers Association

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Corporate Financial Accounting and Personal Finance Management:Publications

Magazine Article
"Supervision and Regulation, Administrative Dispositions, Authorized Financial Service Intermediary Businesses Associations, Designated Dispute Resolution Organizations (Financial ADR), and Provisions Regarding Impacts on Other Laws and Regulations"
Magazine Article
"Q&A on Systems and Practices of Financial Service Intermediary Businesses (Part 5): Other Restriction on Activities, Etc. - Prohibition of Deposit of Money, Etc. and Regulations Regarding Use of Trade Names, Posting of Signs, and Statutory Books"
Magazine Article
"Q&A on Systems and Practices of Financial Service Intermediary Businesses (Part 4): Restriction on Activities and System Development - (2) Obligations Owed to Customers to Provide Information and Develop Systems"
Article
"The Financial Technology Law Review Fourth Edition - Japan Chapter"
Magazine Article
"Q&A on Systems and Practices of Financial Service Intermediary Businesses (Part 3): Restriction on Activities and System Development - (1) Obligation to Execute Businesses in a Fair and Sincere Manner and Obligation to Provide Information"

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