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Financial Instrument Exchange Act

Definition

The Financial Instrument Exchange Act (FIEA) is a key Japanese law regulating financial markets and products. This Japanese legislation governs the issuance, trading, and distribution of various financial instruments, including stocks, bonds, and derivatives, and increasingly, certain digital assets. FIEA aims to ensure investor protection, market fairness, and transparency by establishing rules for financial service providers and market participants. Its application to cryptoassets determines which digital offerings are subject to stringent securities regulations in Japan.