ニュースレター【金融法務】「Publication of Draft Amendments to Cabinet Order, Cabinet Office Ordinances, etc. in relation to 2025 Amended Payment Services Act—Cross-border payment collection services」が掲載されました。
Contents
I. Overview

II. Categories Exempt from the Funds Transfer Transaction Regulations
1. Cross border payment collection services carried out through a sub entrustment to a bank or to a funds transfer service provider
2. Payment collection services in connection with escrow services
3. Cross border payment collection services provided by so called platform operators
4. Cross-border payment collection services performed by entities recognized as having economic unity with the Payee
5. Cross-border payment collection services for which risk-mitigation measures are already in place under other laws
(1) Cross border payment collection services provided by specific international brands as part of clearing and settlement between issuers and acquirers of credit cards and similar instruments
(2) Cross-border payment collection services where the Payee is a merchant of credit cards or third-party prepaid payment instruments
6. Cross border payment collection services performed on entrustment from an escrow service provider or a transaction-platform operator
7. Cross-border payment collection services performed on entrustment from a bank or a funds transfer service provider

III. Categories Subject to the Funds Transfer Transaction Regulations as Acts Having a Significant Risk of Compromising the Protection of Users
1. Cross-border payment collection services where the Debtor's obligation is not extinguished
2. Cross border payment collection services where an escrow service provider or a transaction platform operator does not assume responsibility to the Payee
3. Cross border payment collection services in relation to gambling
4. Cross border payment collection services related to monetary claims arising from actions aimed at acquiring securities, purchase or sale of securities, or derivative transactions
5. Cross border payment collection services that contravene statutory provisions or public order or morals

IV. Conclusion