JPN JITA Investor Base Prospectuses


On Feb. 14, JPN JITA proposed rules on preparing prospectuses.


  • JPN JITA proposed to revise detailed rules on the preparation of prospectuses.
  • Aim to improve disclosure that might lead to an expansion of the investor base, by requiring information on a fund's total expense ratio to be included in prospectuses.
  • Consultation Period
  • Comments to be received by Mar. 14, 2022, for revisions to be made in Apr. 2022.
  • Apr. 2022 Response to Comment
  • On Apr. 21, 2022, JPN JITA issued consultation feedback after receiving 18 comments.
  • Clarified scope, published finalized detailed rules, effective from Apr. 21, 2024.
  • May 2022 Update Webpage
  • On May 12, 2022, JPN JITA updated webpage on rules to add revised detailed rules.
  • In addition, it updated document containing articles of incorporation and all the rules.

Regulators JPN JITA
Entity Types B/D; Corp; Fiduciary; IA; Inv Co
Reference PR 5/12/2022; FS, PR, 4/21/2022; CP, PR, 2/14/2022
Functions Advertising; Compliance; Financial; Legal; Product Administration; Reporting; Risk; Sales Practices; Suitability; Trade Reporting; Trading; Treasury
Countries Japan
Category
State
Products Corporate; Equity; Fund Mgt; Issuance/IPO; Mutual Funds; Wealth Mgt
Regions AP
Rule Type Final
Rule Date 2/14/2022
Effective Date 4/21/2024
Rule Id 129403
Linked to N/A
Reg. Last Update 5/12/2022
Report Section International

Last substantive update on 10/07/2022