Financial Services Agency Updates Advisory on Unregistered Entities, Links to Consumer Affairs Agency Measures

On the 10th, the Financial Services Agency updated its advisory page titled 'Beware of Transactions with Unregistered Entities!!', adding a link to the Consumer Affairs Agency's measures against fraudulent business practices that cause significant financial harm to numerous consumers due to the collapse of deceptive businesses. The update was also announced on the agency's official X account.

The page was first published on June 30, 2023. It targets businesses engaging in cryptocurrency, stock, and FX trading with Japanese residents, requiring compliance with Japanese laws...