FCA launches fintech co-operation with Japan

Follows deal with Canada

Carmen Reichman
clock • 2 min read

The Financial Conduct Authority (FCA) has entered into a cooperation agreement with its Japanese counterpart to support innovative fintech companies coming to market.

In an exchange of letters the regulators agreed on a regulatory referral system allowing businesses from Japan and the UK to enter the other's market.  The way the framework will work is for the regulator which receives the business referral, to provide support to the business by reducing regulatory uncertainty and the time it takes to enter the market. The regulators also plan to share information about financial services innovation in their own markets and further encourage innovation in both countries. FCA executive director of strategy and competition Christopher Woola...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA cracks down on illegal crypto trading

FCA cracks down on illegal crypto trading

Eight premises targeted

Jen Frost
clock 22 April 2026 • 2 min read
Average adviser age falls to late 40s

Average adviser age falls to late 40s

FCA’s 2025 Adviser Survey also finds number of advice firms decreased

Sophia Panayi
clock 22 April 2026 • 2 min read
Investment advisory firm enters liquidation after FCA's 'unsuitable' advice warning

Investment advisory firm enters liquidation after FCA's 'unsuitable' advice warning

Joint liquidators to contact HDH Investment Services clients

Jen Frost
clock 20 April 2026 • 1 min read