JFSA Orders Alpari Japan to Retain Assets within the Country
The Kanto province Local Financial Bureau is preemptively taking measures to ensure that there won’t be a transfer from local

Troubling times for Alpari UK have prompted the Japanese Financial Services Authority (JFSA) to undertake a series of administrative actions with regard to Alpari Japan, its Japanese subsidiary company.
The JFSA cited “interest to ensure that interests of creditors and investors are not damaged by the outflow of Alpari Japan’s assets to overseas affiliated companies, etc., triggered by the announcement of Alpari (UK) Limited.”
Join the iFX EXPO Asia and discover your gateway to the Asian Markets
Suggested articles
Understanding the Gaps in Forex TradingGo to article >>
A regulatory order now mandates the Japanese subsidiary of Alpari to keep certain assets within the country, in an amount equal to all domestic liabilities. Those assets outside of Japan, including guarantees, do not fall under the same requirement.
Basing its decision on Article 51 of the regulatory framework, the Kanto province Local Financial Bureau issued a Business Improvement Order, stating that Alpari Japan should accurately identify local investors along with their invested assets, and take measures to ensure that these deposited assets are not inappropriately consumed by the parent company.
In addition, the regulator mandates that Alpari Japan takes full measures for investor protection, while considering equitable treatment among investors, and keeps them informed in a timely manner about retention of deposited assets.
Can you get more details on $$$ amount for the Japan subsidary?