REGULATORY INSIGHTS
Notes on regulations coming into force and being amended — what operators are required to do, and what they should be recording. We monitor the relevant instruments and standards daily, and write when something changes that affects practice. Each note reflects publicly available material and is not legal advice.
More notes are available in Japanese: 規制解説.
The centre of gravity moves from the Payment Services Act to the FIEA, and insider trading rules arrive. Why sources of information that are spread out make the regulated position hard to pin down.
Updates, sales copy and wider integration move the scope without anyone intending it. Two-stage approval sets that scope deliberately narrow to begin with.
Registration, the duty to stay within the purpose you declared, and registers that will not be built alike from one Member State to the next.
The photo-ID-image method is retired in favour of IC chip reading. Three amending orders overlap, there are no transitional measures, and one widely repeated requirement does not appear in the primary sources.
Disclosure for interactive AI, deepfake labelling, machine-readable marking. The extraterritorial basis for reaching operators outside the EU, and why labelling alone is not the hard part.
We follow these rules as they come into force. Updates are available by RSS.