TOKYO, June 9 (Bernama-BUSINESS WIRE) — Tricor Japan (Tricor), the Japanese subsidiary of Tricor Group – Asia’s leading provider of integrated business, corporate, investor, human resources & payroll, corporate trust & debt services, fund administration and strategic business advisory – has been selected by Japan Financial Services Agency (JFSA), a government agency and regulator that oversees the country’s financial services industry, to develop, operate and lead its newly launched Financial Start-up Support Program, a one-stop for foreign asset management companies (hereinafter referred to as “overseas financial companies”) entering the Japanese market.
As a public-private partnership, the goal of the Financial Start-up Support Program is to elevate Japan’s global financial center status and attract more foreign direct investment (FDI) from overseas financial companies by easing market entry processes including financial license application support, compliance personnel recruitment, and providing relocation assistance. As the exclusive private operator of the Financial Start-up Support Program, Tricor will provide overseas financial companies with English-language incorporation and financial business license registration solutions. Furthermore, the program extends to acclimating executives of financial companies to living and working in Japan, offering relocation services including visa administration, real estate, healthcare and education.