Secretary of the Secretary of Secretariat “Efforts to Dispel Concerns” Over Amendment of Foreign Exchange Law October 18th, 14:23
The Secretary of the Secretary of the Secretary of State is obstructing the liquidity of the Japanese stock market with regard to the proposed amendment to the law to strengthen regulations in cases where foreign companies invest in specific Japanese companies and there is a risk of compromising national security. Based on the indication that there is a risk, he expressed his intention to endeavor to dispel the concerns of market participants.
In order to encourage foreign companies to invest in the cabinet on the 18th, the government exempts investments that are less likely to damage the security of the country, such as the purpose of operating funds. In cases where there is a risk of compromising national security due to investment for participation, we decided to revise the Foreign Exchange Law to make the reporting standards stricter.
In response to this, the secretary of the secretary said at a press conference after the Cabinet meeting, Said.
On top of that, in response to the indication that there is a risk of hindering the liquidity of the Japanese stock market, Chief Cabinet Secretary “I fully understand that there are various indications from market officials and others. We will respond appropriately to get rid of. "