Chapter 6. The Intermediated System in Japan

  • Changmin Chun


As in Germany and Korea, Japan also operates different regimes for foreign securities transactions. Before discussing the new dematerialised intermediated system, this section briefly introduces the two different regimes for foreign securities. One regime addresses foreign securities listed on a Japanese exchange; the other deals with foreign securities traded outside Japan and held by Japanese investors through their local intermediary in Japan.


Supra Note Minority Shareholder Corporate Bond Business Rule Debt Security 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  • Changmin Chun
    • 1
  1. 1.Korea Capital Market InstituteSeoulRepublic of Korea (South Korea)

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