Japan STO Association publishes self-regulatory guidelines including customer asset management

The Japan Securities Token Issuance (STO) Association has published self-regulatory guidelines including electronic record transfer rights and customer asset management. The STO Association will conduct classified management and audit of client assets through certified public accountants every month. In addition, the association also called for clear formulation of investment entry guidelines for senior customers. According to previous news, in May last year, Japan passed the relevant bills amending the “Funding Algorithm” and “Financial Instruments and Trading Law”, which will take effect on May 1 this year.