Non-Bank Lending / Payments

In recent years, in addition to loans traditionally provided by banks and money lenders, new forms of lending services such as social and transaction lending provided by fintech companies have emerged in Japan. As financial institutions and credit card companies, which have traditionally played an important role in payments, globalize and collaborate with other businesses, the importance of the payments sector has grown. 

In addition, blockchain technology is driving the development and offering of services such as traceability and management for everything from cryptoassets, artworks and electricity to micro-investing in real estate, structuring of financial products, fundraising by local governments, fan businesses, game content, digital currency payments, and security tokens.

Mori Hamada’s experienced lawyers provide support for pre-negotiation with the Financial Services Agency and other regulatory authorities, preparation of registration applications and notifications, development of internal systems such as internal rules and manuals, preparation and review of terms of use and other client materials, and overall support in interacting with the authorities. For services not requiring registration, we handle all necessary tasks to start the service, including legality confirmation, preparation of written opinions, inquiries with regulatory authorities, and preparation of terms of use. We offer prompt, practical and strategic advice by utilizing our network of contacts with Japan’s regulatory authorities.