Reuters.uk – Japan’s Financial Services Agency (FSA) said on Tuesday it will begin monitoring hedge funds operating in Japan, seeking to ward off potential turmoil in financial markets.
The regulator will ask hedge funds filing with it from around September to report their assets under management on an annual basis.
“We basically want to understand who are the main funds operating in Japan,” said Mitsuhiro Kawamoto, deputy director of the Securities Business Division of the FSA’s Supervisory Bureau.
