Article: 50 Q&As about the Economic Security Promotion Act
Yuki Sakurada authored an article entitled “50 Q&As about the Economic Security Promotion Act (Part II),” which appears in NBL No. 1227 (October 1, 2022) published by Shoji Homu Co., Ltd.
- Related Topics
Authors
Competition Law / International Trade
- Expansion of Business Sectors Subject to Investment Screening in Japan for the Purpose of Securing Stable Supply Chains
Related Knowledge
-
-
Current State of Consumer Law and Competition Law
Tokyo
External Seminars
-
-
Midjourney basics that will help you get lost even if you are a first-timer - How to use image generation AI to make a difference in your designs
Books
-
-
Key Points for Contracting Data Provision and Generation Agreements
Articles
-
-
Brief Overview of Foreign Employees Work Permit Applicability in Singaporean and Vietnamese Laws
Asia
- NGUYEN Thi Thanh Huong
- NGUYEN Dang Trung
- Melissa TAN and others
-
-
Kojiro Fujii speaks at the APEC summit 2023: The future of climate and trade policies in a world of geopolitical divides
Washington DC
External Seminars
-
-
Sustainability Management and Strategic Legal Perspectives
Online
External Seminars
Yuki advises clients at the intersection of business and national security on matters involving foreign investment screening, sanctions, export controls under the Foreign Exchange and Foreign Trade Act (FEFTA) and other economic security related matters under the Economic Security Promotion Act as well as government relations.
He served as Director for Foreign Direct Investment Issues at the Ministry of Finance of Japan for three years from 2019 to 2022. During his tenure, he was the chief architect and strategist of the amendment of the FEFTA in 2020, where the threshold for prior mandatory notification for the acquisition of listed company shares by foreign investors was lowered from 10% to 1%.
After the enactment of the amendment, he was in charge of reviewing the scope of designated business for the mandatory notification (addition of pharmaceuticals and medical equipment for communicable diseases, and critical mineral resource-related industries), strengthening the operation of screening and post-transaction monitoring, and strengthening cooperation in investment screening with relevant authorities of like-minded countries, including CFIUS of the U.S. He was also engaged in the planning and drafting of the revision of the FEFTA in 2022 (related to crypto assets) and the prohibition of new investment in Russia in response to Russia’s invasion of Ukraine.
He is the co-author of a section-by-section commentary on FDI screening under the FEFTA (“Sho-kai Gaitame-hou, Inward Direct Investment and Specified Acquisition Edition” (Shoji Homu, June 2021). He was also a speaker at webinars on FDI screening for government officials of member countries organized by the Organization for Economic Cooperation and Development (OECD).
May 2021 – Webinar on Transparency, Predictability and Accountability for investment screening mechanisms
May 2022 – Regulatory proportionality of investment screening mechanisms