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JapanÆs race for ôqualityö hedge funds

Can the regulatory framework envisaged by the Financial Instruments and Exchange Law stem the outflow of hedge-fund managers?
The following article originally appeared in AsianInvestor magazine, March 2007. This is an abbreviated version.Can JapanÆs new securities and investment law create a healthy and flexible regulatory environment in line with international norms, or add red tape to an already unfriendly tax regime that will prompt more hedge funds to flee to Singapore, Hong Kong or other jurisdictions?JapanÆs bureaucrats are near completion on a sweeping legislative reform of financial regulation. This …
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