The Japanese Government amends the Foreign Exchange and Foreign Trade Act to establish a CFIUS-style interagency committee for national security screening of foreign investment and expand review to indirect acquisitions and post-closing scrutiny
Recent amendments to the Foreign Exchange and Foreign Trade Act (FEFTA), the statute in Japan regulating foreign direct investment (FDI) into the country, were passed by the Japanese legislature (the Diet) in May 2026 and officially promulgated on June 5. These amendments can be viewed as epoch-making as they, for the first time in Japanese history, establis
