Special Zones for Financial and Asset Management Businesses

Based on the "Policy Plan for Promoting Japan as a Leading Asset Management Center" (December 13, 2023), the FSA published the "Policy Package to Achieve Special Zones for Financial and Asset Management Businesses." The FSA decided to assign the following four areas as the Special Zones (June 4, 2024):

• Hokkaido and Sapporo (joint proposal)
• Tokyo
• Osaka Prefecture and Osaka City (joint proposal)
• Fukuoka Prefecture and Fukuoka City (joint proposal)

In collaboration with relevant local governments and government ministries and agencies, the FSA are implementing the initiatives shown in this policy package.

Publication of the "Policy Package to Achieve Special Zones for Financial and Asset Management Businesses"

• PDFPolicy Package to Achieve Special Zones for Financial and Asset Management Businesses
• PDFPolicy Package to Achieve Special Zones for Financial and Asset Management Businesses (Overview)

Policy Package to Achieve Special Zones for Financial and Asset Management Businesses: Progress of Initiatives (as of end of June 2025)

The initiatives of the government of Japan

• PDFGovernment-wide Initiatives

The initiatives of the 4 Special Zones

• PDFHokkaido and Sapporo
• PDFFukuoka Prefecture and Fukuoka City

  Note: The other zones' updates will be posted at a later date.

Related Links

• Policy Plan for Promoting Japan as a Leading Asset Management Center
• Publication of the "Policy Package to Achieve Special Zones for Financial and Asset Management Businesses"
• Request for Proposals for "Special Zones for Financial and Asset Management Businesses"

Contact

Strategy Development Division, Strategy Development and Management Bureau, Financial Services Agency fsa_tokku@fsa.go.jp