On November 30, 2018, the “Act on Promotion of Utilization of Sea Areas for the Development of Marine Renewable Energy Generation Facilities” was passed by the Diet. The Act creates mechanisms for the designation of general sea areas for the promotion of offshore renewable energy generation and creates a certification system for utilization plans for long-term occupancy of these sea areas. We provide a brief overview of the key points of the Act which we consider to be particularly important.
In connection with the passage of the so called Japanese Casino Law, the lawmakers, feeling the necessity to establish measures to counter gambling addiction, enacted the Basic Act on Countermeasures for Gambling Addiction, which is one of the wave of the recent reform of Japanese gaming laws and regulations.
On July 20, 2018, the Act to Implement Specified Integrated Resort Areas (the “Casino Implementation Act”) passed the Japanese Diet which legalized gambling to be operated by private entities in Japan. While there are many aspects have been delegated to the determination by the ministry ordinance, we explain several key points of the Casino Implementation Act.
Rapidly evolving "FinTech" is spreading throughout all financial services, which has required new legislation as well as redefining existing laws and regulations. Being deeply rooted in the financial business and regulatory scenes, we will provide our clients with the most up-to-date advice.
As one of the most prestigious full-service law firms in Japan, we are committed to providing our clients with legal services of the highest quality across the whole spectrum of legal disciplines, including on the largest and most complex assignments.
The foundation of our success is our people. We have built a firm of talented, energetic and inquisitive legal professionals who strive to acquire a deep understanding of our clients’ needs so as to offer sophisticated and creative advice while remaining practical and results-focused.
Our firm is deeply honored and privileged to have received top recognitions and awards across a wide range of legal practice areas. Most importantly, however, we are proud of, and sincerely value and appreciate, the trust that our clients have placed upon us.
We are committed to giving back to our community. We regularly contribute our legal resources on a pro bono basis to the indigent and to non-profit foundations, non-governmental organizations and other entities that contend with important social and public interest concerns.
We actively seek talented and team-minded attorneys to assist us in delivering the highest quality legal services to our multinational clientele doing business in Japan and overseas, and offer exposure to a broad range of international corporate transactions.