Japan
Who we are
Japan at a glance
Japan is a country with a thriving financial sector and a well-developed banking system. It is divided into 47 prefectures, with Tokyo as the capital city. In terms of population, the most populous prefecture is Tokyo, followed by Kanagawa and Osaka, while the least populous prefecture is Tottori. The estimated population of Japan is approximately 126 million people.
Banking
There are approximately 195 financial institutions operating in the country, with some of the largest being Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group. The central bank of Japan is the Bank of Japan.
Website: www.boj.or.jp,
Address: 2-1-1 Nihonbashi-Hongokucho, Chuo-ku, Tokyo 103-0021.
Website: www.boj.or.jp,
Address: 2-1-1 Nihonbashi-Hongokucho, Chuo-ku, Tokyo 103-0021.
Peer-to-Peer Lending Regulations
Peer-to-peer (P2P) lending in Japan is regulated by the Financial Services Agency (FSA).
Website: https://www.fsa.go.jp/en/
Email: webmaster@fsa.go.jp
Website: https://www.fsa.go.jp/en/
Email: webmaster@fsa.go.jp
Financial Regulators
The Financial Services Agency (FSA), the Bank of Japan and the Securities and Exchange Surveillance Commission are some of the major financial regulators in Japan. The financial regulator responsible for authorizing P2P lending platforms in Japan is the Financial Services Agency (FSA).
Website : www.fsa.go.jp,
Address: 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8967, Japan.
Website : www.fsa.go.jp,
Address: 3-2-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8967, Japan.
Small Claims Procedure
Small claims can be filed in the Summary Court, which is a part of the district court system. The maximum amount that can be claimed in the Summary Court is JPY 1.4 million. The procedure is relatively simple and does not require a lawyer. More information is found on the website of the Supreme Court of Japan at www.courts.go.jp.