News & Analysis as of

Japan

Japan’s Competition Regulator Questions LNG Destination Clauses

by K&L Gates LLP on

The Japan Fair Trade Commission (“JFTC”), Japan’s competition regulator, recently published results of an investigation into destination restrictions in liquefied natural gas (“LNG”) supply contracts. The results of the...more

The Shift Away from Take-or-Pay Contracts in LNG

by King & Spalding on

The Japan Fair Trade Commission (the “JFTC”) recently undertook a survey to review destination restriction clauses in contracts for the sale and purchase of liquefied natural gas (“LNG”). Included at the end of the JFTC’s...more

Renewable Alert Letter 33: Enforcement of New Regulations on Overloading

Renewable Alert Letter 33 Topics: - Enforcement of New Regulations on Overloading - Approval of amendments to material matters concerning consent to interconnection: Does FIT price change if the planned commercial...more

EU-Japan Economic Partnership Agreement

by Hogan Lovells on

On July 6, Japan and the EU reached an "agreement in principle" on a future "Economic Partnership Agreement". The partnership has been hailed by the European Commission as "the most important bilateral trade agreement ever...more

Blockchain for Business

by Jones Day on

As the interest in blockchain technology grows, companies will be confronted with numerous decisions, challenges, and legal issues pertaining to its adoption. Relevant matters include the overall design and control of...more

Japan and South Korea in the Pipeline for Adequacy Decision

by McGuireWoods LLP on

In early 2017, the EU Commission published a communication about “Exchanging and Protecting Personal Data in a Globalized World” in which the EU Commission prioritizes discussions on possible adequacy decision with key...more

Japan Legal Update - Volume 28 | July 2017

by Jones Day on

Labor - Japanese Supreme Court Decision on Overtime Payments to Doctors - In a court case in which a doctor employed by a health care corporation sought extra pay for overtime and late-night work (collectively, "overtime"),...more

The Financial Report, Volume 6, Number 16

by DLA Piper on

Discussion and Analysis - We regularly comment on the ever-changing “regulatory agenda.” In our last issue, we noted that even though the current Administration may be struggling to advance legislative reform, including...more

Tokyo and Paris Launch Concentrated Inspection Campaign on Safety of Navigation

by Reed Smith on

The Maritime Authorities of the Tokyo and Paris Memoranda of Understanding (MOU) on Port State Control have launched a joint Concentrated Inspection Campaign (CIC) on Safety of Navigation. The CIC will commence on 1 September...more

Japanese Report: LNG Sale and Purchase Agreement Destination Restrictions Likely Anticompetitive

by Jones Day on

On June 28, 2017, the Japan Fair Trade Commission ("JFTC") published a report based on a survey conducted from July 2016 to May 2017 ("Report"), concluding that destination restrictions provided in liquefied natural gas...more

Practical tips for maintaining a list of "registrable controllers' in Singapore: what Japanese companies should know (Japanese)

by Dentons on

Japanese companies, branches, and subsidiaries incorporated or registered in Singapore may face novel challenges when complying with the new requirement to maintain a register of "registrable controllers"....more

Practical tips for maintaining a list of "registrable controllers" in Singapore: what Japanese companies should know

by Dentons on

Japanese companies, branches, and subsidiaries incorporated or registered in Singapore may face novel challenges when complying with the new requirement to maintain a register of “registrable controllers”....more

Report of the JFTC/CPRC Study Group on Data and Competition Policy

by White & Case LLP on

On June 6, 2017, the Japan Fair Trade Commission ("JFTC") and the Competition Policy Research Center ("CPRC"), jointly published their "Report of Study Group on Data and Competition Policy" ("Report"). The Study Group kicked...more

CFTC Case Updates: Settlement Highlights Agency’s New Premium on Cooperation; 7th Circuit Upholds Criminal Spoofing Conviction

On August 7, 2017, the Commodity Futures Trading Commission (CFTC or Commission) announced a settlement for a civil penalty of $600,000 with the Bank of Tokyo Mitsubishi UFJ, Ltd. (BTMU) for alleged spoofing violations, with...more

The Dance of the Cyclones

by Zelle LLP on

On August 7, 2017, powerful Typhoon Noru made landfall in Japan, lashing the island nation with heavy rainfall and maximum sustained winds near 75 mph. While the dangers associated with Noru ought not to be underestimated,...more

Nye muligheder for danske virksomheder i Japan

by DLA Piper on

Asien som fortaler for frihandel og globalisering - Amerikanske protektionistiske udmeldinger imødegås nu af stigende asiatiske ønsker om frihandel og globalisering. Da Kinas præsident Xi Jinping talte til topmødet, World...more

EU-Japan’s Major Trade Pact Includes Agreement to Review Restrictions on Personal Data Flows Between The European Union and Japan

Japan and the European Union announced an agreement in principle on major components of a substantial free trade deal on the eve of the recent G20 summit in Hamburg. This free trade deal rivals NAFTA in scope and impact, as...more

Japan Legal Update - Volume 27 | July 2017

by Jones Day on

On June 7, 2017, Japan signed the "Multilateral Convention to Implement Tax Treaty-Related Measures to Prevent Base Erosion and Profit Shifting" ("MLI"). The MLI is a part of the OECD/G20 base erosion and profit-shifting...more

Approved Biosimilar Products Around The world

Please see full chart below for approved biosimilar products around the world. ...more

Biosimilar Uptake and Patent Litigation in Japan

Biosimilar uptake in Japan has been a bit mixed, but according to experts the volume shares of biosimilars suggests it could be a key market in years to come. The Pharmaceuticals and Medical Devices Agency (PMDA), which is...more

Renewable Alert Letter 32: METI Operation Change - Changes to Business Plan before Completion of Transition to New FIT Scheme

A FIT facilities approval (setsubi nintei) under the old FIT Act may be deemed as a FIT business plan approval (jigyo nintei) subject to certain conditions under the new FIT Act. However, in order to complete the transition...more

The Japan Fair Trade Commission Has Said No to LNG Resale Restrictions—What Does This Mean for Japanese and Non-Japanese LNG...

In June 2017, the Japan Fair Trade Commission (JFTC) issued its conclusion on an earlier market study on liquefied natural gas (LNG) resale restrictions and cautioned that (i) destination clauses, (ii) diversion clauses,...more

Global Patent Prosecution Newsletter - July 2017

Biosimilars Around the World - Last month’s Supreme Court ruling in Sandoz v. Amgen brought greater certainty to both biosimilar applicants and originators in the United States. The July 2017 issue of Sterne Kessler’s...more

Renewable Alert Letter 31: Overloading Regulations

On July 6, 2017, METI and the Agency for Natural Resources and Energy released proposals for revision of laws and ordinances related to long-speculated restrictions on overloading (kasekisai). Please see full Publication...more

LNG for Japanese Buyers: End of the Road for Destination Clauses?

by Latham & Watkins LLP on

A recent announcement by the Japanese antitrust regulator could spell the end of destination clauses in certain Asian LNG SPAs. Key Points: ..Asian LNG buyers are seeking to form a buyers’ club to negotiate better and...more

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