Open API Banking

Japanese Banking Act Amendment

ActiveOpen BankingAsia
Japan • Regulated by Financial Services Agency (FSA)
📅
Effective Date
Jun 2018
Full Compliance
May 2020
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Regulator
Financial Services Agency
FSA
📊
Scope Areas
2

Overview

Japan's Banking Act amendment established a framework for registered Electronic Payment Service Providers (EPSPs) to access bank APIs. Banks are encouraged (not mandated) to publish open APIs.

Note: Encouragement model rather than mandate. Over 130 banks now offer APIs.

Jurisdiction

Japan
View Open Banking providers and TPPs in Japan

Scope & Coverage

This regulation covers the following areas and services:

AISPIS

Key Requirements

EPSP registration
API connection agreements
Security guidelines compliance
User protection measures

Timeline

Effective Since
June 1, 2018
Full Compliance Deadline
May 31, 2020

Official Resources

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