Keeping The Yakuza Out Of The Financial System

Law360, New York (March 16, 2012, 1:52 PM EDT) -- Japan has been trying to reform its financial system in order to attract foreign capital. Many feel that stronger capital markets will be essential for Japan’s economy to get through the coming years because such a high percentage of the Japanese population is retiring and will be drawing their pensions down. Yet, foreign capital is skeptical about returns from Japan.

Currency fluctuations and intervention have made it very difficult to get good returns out of the Japanese stock market over the last 20 years. Moreover, the...
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