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Extension of Filing Deadlines for Disclosure Documents in Response to the COVID-19 Outbreak

NO&T Japan Legal Update

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月冈崇
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长岛・大野・常松律师事务所
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NO&T Japan Legal Update 第22号(2020年5月)
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英文

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请注意,本简报的目的是提供信息,并非提供法律建议。另外,本简报仅包括根据发行日(制作日)时点的信息,不包括该时点之后的信息。特别是速报可能会与现状的解释或惯例不同,敬请留意。

I. Introduction
In a response to the COVID‐19 outbreak, the Financial Services Agency (FSA), the Japanese governmental agency in charge of maintaining the stability of Japan’s financial system, announced an extension of the deadlines to file certain mandatory disclosure documents including annual securities reports. For those documents that were originally required to be filed between April 20 and September 29, 2020 based on Japanese securities regulations, issuers now can file them by September 30, 2020. This update explains this unprecedented measure taken by the Japanese authority in recognition of issuers’ difficulties in preparing their disclosure documents in light of the current COVID‐19 outbreak crisis.

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