Glossary Β· Japan
FSA (Financial Services Agency)
Definition
Japan's financial regulator, overseeing banks, securities firms, and the Tokyo Stock Exchange, including its professional-investor board.
Why it matters for a secondary
The FSA-supervised Tokyo Pro Market gives Japanese startups a lighter-touch listing path than a full TSE listing β relevant background for a market where private-equity secondaries are large but startup-share secondary trading is still catching up.
Frequently asked questions
Does "FSA (Financial Services Agency)" apply the same way everywhere in Asia-Pacific?
No. Each market in this glossary has its own regulator, corporate forms, and rules β this term is specific to Japan. Check the linked market page for the fuller picture.
Is this legal or financial advice?
No. This is orientation for investors and allocators, not legal or financial advice. Confirm current rules with a licensed adviser in the relevant market before acting on anything here.