Financial Services Agency

2000 yearRegulated by Government

The Financial Services Agency (FSA) oversees all financial services providers, including Forex brokers, in Japan. The ultimate aim of Japan's FSA is to maintain the country’s financial system and ensure its stability. It is also responsible for protecting security investors, insurance policyholders, and depositors. It achieves its aims in a number of different ways including planning and policy making, supervising financial services providers, overseeing securities transactions, and inspecting financial institutions in the private sector. When the FSA was first created it was merely an administrative body. However, its responsibilities were widened in 2001 when it became the external representative of the Cabinet Office of Japan. It took over the responsibilities of the Financial Reconstruction Committee, and also took over responsibility for failed financial institutions.Today, the FSA Japan is held accountable to the Japanese Minister of Finance and enjoys a wide scope of responsibility.

Disclose broker
Danger Unauthorized
Disclosure summary
  • Disclosure matching Name matching
  • Disclosure time 2018-03-01
Disclosure details

Persons conducting financial instruments business without registration-MGK Global Limited

In addition to entering into a contract to entrust investment decisions for OTC derivative transactions and conducting money management, the entity was also soliciting OTC derivative transactions via the Internet. The names of representatives, etc., are "unknown.\" The name of the service provided by the said business operator is \"MGK GLOBAL, MGK.GLOBAL\". Simultaneously with the warning issued to the said business operator, information has been received that, following the manual of the \"Money Matic Project\" sold by \"Kizuna LLC,\" which was also warned, individuals opened accounts and made deposits with the said business operator to receive FX management services, and subsequently received transaction histories titled \"Daily Confirmation\" and \"Monthly Statement" from the said business operator. March 2018 Overseas
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