Trusted By
We work closely with venture capital partners.
We manage your SPBQII filings and regulatory communications
— from initial notification through ongoing annual compliance.
From initial notification through annual compliance,
we manage the SPBQII filing workflow and regulatory follow-up.
Overseas fund managers accepting Japanese Qualified Institutional Investors (QIIs) may rely on the Tokureigyomu exemption under Japan's Financial Instruments and Exchange Act (FIEA).
This exemption allows eligible managers to operate without a full financial instruments business registration in Japan.
However, the exemption comes with ongoing compliance obligations, including initial notifications, annual reports, and amendment filings with the Local Finance Bureau.
All filings must be prepared in Japanese, submitted in the prescribed format, and filed on time. Failure to comply may jeopardize the exemption and your ability to operate with Japanese investors.
Filed when your first Japanese QII invests — including fund details, strategy, and key personnel.
An annual report disclosing portfolio and investor information, submitted to the KLFB each year.
Material changes — such as fund structure, key personnel, or investor composition — require timely amendment notices to keep your registration current.
You provide the information.
We handle the regulatory process.
From Japanese filing preparation to ongoing compliance management, we coordinate the entire SPBQII process on your behalf.
We review your fund structure, investor composition, and offering framework to confirm eligibility under the SPBQII exemption.
Together with our compliance professionals, we navigate all regulatory considerations before moving to filing.
You share the required fund and investor information with us — handled with full confidentiality and protected within a secure environment.
Our team prepares all required filings in Japanese — regulatory forms, portfolio disclosures, and supporting schedules — in the format required by the KLFB, including currency conversions and supplemental documentation where needed.
We submit filings directly to the KLFB and manage regulatory communications on your behalf.
This includes handling follow-up questions, submitting draft filings for KLFB reviews, coordinating revisions, and communicating with the authorities until the filing process is completed.
SPBQII compliance is not a one-time filing.
We proactively track annual deadlines, monitor ongoing filing requirements, and coordinate amendment filings when material changes occur — helping your fund remain compliant year after year.
We manage filings, deadlines, and regulatory follow-ups on your behalf.
Have a question about SPBQII compliance for your fund?
Please fill out the form, and we'll get back to you.