This week, IBA Japan hosted a hybrid seminar featuring Mr. Tatsuya Taniguchi, Partner at TMI Associates, who was directly involved in the reform process during his time at the Financial Services Agency.
Mr. Taniguchi provided a clear and practical explanation of the finalised amendments to the Tender Offer (TOB) system and the Large Shareholding Reporting regime, covering the policy background, objectives, and key compliance considerations for financial institutions.
The session also covered practical issues such as the timeframe for the sale of odd-lot shares and the relationship between large shareholding reporting and insider trading regulations.
We extend our sincere thanks to Mr. Taniguchi for sharing his expertise, and we appreciate all who joined this timely and relevant discussion.
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