INNOVATION PRACTICE - FINTECH TEAM - IOT/AI TEAM - LOCAL EXPERTISE & INTERNATIONAL EXPERIENCE
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ATSUMI & SAKAI
TOKYO | LONDON | FRANKFURT
www.aplaw.jp/en
Innovation Practice
- Fintech Team
- IoT/AI Team
Atsumi & Sakai
Local Expertise & International Experience
Introduction Atsumi & Sakai
Innovation Practice Group
With the rapid advance and development of technologies such as internet of things (IoT), big data, artificial intelligence (AI),
analytics and communications, and the expansion of their application across all business fields, legislators frequently have
trouble keeping up with the pace of change, and laws which were framed for earlier circumstances may have unintended
consequences as a result of these developments, whilst in other cases laws designed to regulate certain industries or business
sectors may need to be interpreted and applied in light of the changing face of technology.
Atsumi & Sakai keeps abreast of these changes, and assists clients with the novel legal issues arising from them through our
Innovation Practice Group which combines lawyers experienced in the fields of law relevant to this rapidly changing world.
Atsumi & Sakai strives to provide high-quality and cost-effective services and solutions to support start-up companies, and offers
a flexible alternative fee arrangement tailored to meet specific needs, goals and the nature of each client company.
The firm also provides matching services, assisting a leading company or a venture capital firm to find a start-up company, and
supports industry-government-academia partnerships.
Lauched in October 2015
Our teams Atsumi & Sakai
Innovation Practice Group
Fintech Team
The application of new technologies has been particularly felt in the finance and insurance industries.
The Fintech Team assists financial institutions, startups and IT vendors in providing legal support for
technical innovation in those industries and its application to laws such as those governing banking,
payment, asset management, insurance, AML/CFT, etc.
IoT/AI Team
Another, and important movement in Japan relates to IoT and AI. The IoT/AI Team provides services to
manufacturers, startups and IT vendors in relation to, among other things, contracts, regulatory matters,
data protection, privacy, cybersecurity and IPs.
We support innovation ecosystem - 1 Atsumi & Sakai
Lawyers of the Innovation Practice Group are supporting the following governmental agencies, industrial groups and academics.
These activities are conducted to create an efficient ecosystem for innovative businesses led by new technologies in various industries.
Governmental Agencies, etc.
Subcommittee member of the "Conference toward AI Network Society" of the Ministry of Internal Affairs and Communications
Member of the “Unfair Competition Prevention Draft Guideline Formulation Working Group” , Ministry of Economy, Trade and Industry
Committee member in “Council on remote home health care utilizing high definition video technology” for the Ministry of Internal Affairs and Communications (Dec.2017
-Mar.2018)
Member of the “Committee to Discuss Legal System for Blockchain” , “Field of Medicine, Nursing Care and Healthcare” , “Field of Logistics, Supply Chain and
Mobility” , and Committee on “Cross-sectoral Theme” of the Ministry of Economy, Trade and Industry (Dec.2017-Mar.2018)
Member of the "Guidelines Review Committee for Medical Treatment with Information and Communication Equipment", the Ministry of Health, Labour and Welfare
(as a board member of the Japan Medical Venture Association)
Member of the “Meeting to Discuss the Attraction of Foreign Financial Companies to Tokyo” led by the Tokyo Metropolitan Government
Observer of the “Meeting to Discuss Establishment of the Financial Promotion Consortium” led by the Tokyo Metropolitan Government
Member of “The Coming Ultra-Smart Society through Negotiation, Cooperation and Coordination Between AI Systems” , a project run by the Council on Competitiveness
- Nippon (COCN)
Member of the study group "Innovation and Laws"
Multi-stakeholder process member of the revised "JIPDEC Privacy Policy" formulated by Japan Information Processing Development Center (JIPDEC)
Representative of the “Working Group on the Operation and Law for the Development Meeting on Guidelines for Remote Psychiatric Practice” of the Japanese
Initiative for Diagnosis and Treatment Evaluation Research in Telepsychiatry (J-INTEREST)
Member of the committee of “International Organization for Standardization and Technical Committee” (as secretarial general of the subcommittee of the Fintech
Association of Japan)
Member of the “Open API promotion study group” , the Japanese Bankers Association
Board member of the “ISO/TC 307 Japanese National Committee”
We support innovation ecosystem - 2 Atsumi & Sakai
Lawyers of the Innovation Practice Group are supporting the following governmental agencies, industrial groups and academics.
These activities are conducted to create an efficient ecosystem for innovative businesses led by new technologies in various industries.
Industrial groups, academics, etc.
Secretariat of the Fintech Association of Japan
Legal advisor of the Japan Blockchain Association
Mentor of the Finnovators
Board member of the Japan Medical Venture Association
Board member of the Japan Association for financial APIs
Auditor for the Data Trading Alliance (DTA)
Board member of the AI Business Creation Association
Advisor of the MUFG Digital Accelerator Program
Advisor of the Incubation & Innovation Initiative (III), a consortium comprising of
Sumitomo Mitsui Banking Corporation, Toyota, NEC and Japan Research Institution
Advisor of the Cyber Finance Lab in the Digital Hollywood University
Leader of the AI and the Law Committee of Keio University Fine ConsortiumConsultation with authorities Atsumi & Sakai
Innovative business schemes often require consultation with governmental authorities.
Atsumi & Sakai assists foreign clients in meetings with governmental authorities to consult not only on the application of laws and regulations but we also provide
advice regarding the Regulatory Sandbox Scheme which was newly introduced in Japan.
In particular, we assist foreign financial businesses to utilize the Financial One-Stop Support Service offered by the Tokyo Metropolitan Government and visiting
the Financial Market Entry Consultation Desk of the Financial Services Agency.
Joint consultation
Tokyo Financial
Metropolitan Services
Government Agency
Foreign financial business operatorOur comprehensive legal solutions Atsumi & Sakai
TECHNOLOGY
FOCUS
Artificial intelligence Working together to provide
IoT and big data the best service to the clients
Blockchain / DLT
API
Self-driving vehicles
LEGAL PRACTICE
Drones
AREAS
Data Privacy and Security
Intellectual Property
Corporate
Start-ups and Venture Capital
Mergers & Acquisitions
Capital Markets
Dispute Resolution
INDUSTRY FOCUS
Employment Financial Services
Competition Insurance
Healthcare & Life Science
Real Estate
Agriculture
Electronic Gaming
Internet
MaaS (Mobility-as-a-Service)
Mobile
Sharing EconomySelect Publications Atsumi & Sakai “RegTech as the Key to Promoting Compliance Management,” Watashi No Koso No.35, Nippon Institute for Research Advancement (April, 2018) [Author] Masataka Hayakawa “Research Study on Recent Trends of Data Protection Acts in Other Countries,” Personal Information Protection Commission (2018) [Co-author] Takafumi Ochiai / Hiroyuki Sanbe / Yuri Suzuki / Fumiaki Matsuoka / Kohei Murakawa The Intellectual Property Review - Seventh Edition, Japan Chapter, Law Business Research Ltd (2018) [Co-author] Takafumi Ochiai “Firm but fair,” ASIA FINTECH SPECIAL FOCUS-JAPAN, IFLR May 2018, IFLR (2018) [Co-author] Takafumi Ochiai / Yuri Suzuki Final Report entitled “Negotiation, Cooperation and Coordination Between AI Systems,” as a member of a project by the Council on Competitiveness- Nippon (COCN) (February, 2018) [Co-author] Takafumi Ochiai / Hiroyuki Sanbe “Open Banking in Japan,” Payments & Fintech Lawyer Volume 12, Issue, Cecile Park Media (2018) [Co-author] Naoki Kanehisa / Kenichi Tanizaki “Proposals of the Study Group on “Innovation and Law” , “The 16th Investment, etc. Working Group of the Cabinet Office’ s Regulatory Reform Promotion Council (as a member of the same study group) (2018) [Co-author] Takafumi Ochiai / Yuri Suzuki “Issues to be Overcome by Japan towards Further Data Utilization: Boosting Policy in Action - Momentum to Promote Utilization,” Weekly Financial Affairs No.3272, Kinzai Institute for Financial Affairs (2018) [Author] Takafumi Ochiai
Select Speaking Engagements Atsumi & Sakai “Innovation of the Fourth Industrial Revolution and Medical Systems,” at the event entitled “Precision Medicine Roadshow,” hosted by the World Economic Forum Centre for the Fourth Industrial Revolution Japan, August 6, 2018 (Takafumi Ochiai) “Real Estate Technology Seminar: Association Outline Announcement and Overseas Real Estate Technology – The Second Seminar to Establish The Real Estate Tech Association for Japan!,” hosted by The Real Estate Tech Association for Japan, July 10, 2018 *Panel discussion entitled “Association Outline Announcement and Announcement of the Director at the Time of Establishment” (Takafumi Ochiai) “Personal Information Protection Systems in Countries Outside Japan – From Recent Trends to the Statuses in Emerging Countries,” hosted by Atsumi & Sakai and Japan Institute for Overseas Investment (JOI), June 15, 2018 (Ryuichi Nozaki / Takafumi Ochiai / Yuri Suzuki / Fumiaki Matsuoka) “Current Banking API in Japan,” at the event entitled “Japan / UK Open Banking and APIs Summit 2018,” hosted by FinTech Labs.io, July 25, 2018 (Takafumi Ochiai) “AI-Related Business: Key Knowledge, Legal and IP Points,” hosted by the Business Research Institute, March 14, 2018 (Masataka Hayakawa) “Outline of Possible Measures on Legal Issues and Risks Affecting AI: Based on Certain Assumed Cases considering Discussion in Japan and Abroad,” hosted by Japan Electronics and Information Technology Industries Association, June 26, 2018 (Hiroyuki Sanbe) “2017 2nd Joint Conference by the AI Network Laws and Policies Study Group and the Information and Communication Economic Laws Study Group,” hosted by The Japan Society of Information and Communication Research’ s (JSICR), March 23, 2018 *Report entitled “Matters yet to be studied in relation to AI – Based on matters learned in practice regarding domestic and international trends on AI” *Panel discussion entitled “Suggestions gained from trends of laws and policies concerning AI networking” (Hiroyuki Sanbe / Takafumi Ochiai) “[FINTECH 2018] A sequence of Crypto currency: Truth & Fiction,” hosted by the Korea Financial Times, April 24, 2018 *Speaker at a session entitled “Analysis of Japan's Crypto currency market and Policy direction of the Japanese Government” (Yuri Suzuki) “Regulations on Cross-Border Data Transfers in the EU, North America, & East Asia: Trends and Compliance Required of Companies,” at a seminar entitled “Cross-Border Personal Information Transfer Seminar – Specific Approach for Global Businesses,” hosted by Japan Information Processing Development Center (JIPDEC), co-hosted by Atsumi & Sakai and KPMG FAS Co., Ltd., March 13, 2018 (Takafumi Ochiai)
Core members Atsumi & Sakai
TOKYO OFFICE LONDON OFFICE
Yuri Suzuki Ryuichi Nozaki Naoki Kanehisa
Partner Partner Partner
Trustee of Japan Institute of Life Insurance
Member of the Individual-type Pension Policy Formulation
Committee of the National Pension Fund Association
Legal adviser of the Japan Blockchain Association
Practice Areas: Financial Services & Regulations, Foreign Direct Practice Areas: Data Protection & Security, Financial Services & Practice Areas: Financial Services & Regulations, Banking & Finance, M&A,
Investment Regulations, Commercial, Foreign Direct Investment Commercial, Foreign Direct Investment
Tel: +81 (3) 5501 1184 Tel: +81 (3) 5501 2138 Tel: +44 (0) 203 696 6540
E-mail: yuri.suzuki@aplaw.jp E-mail: ryuichi.nozaki@aplaw.jp Mobile: +44 (0) 75 4899 7865
E-mail: naoki.kanehisa@aplaw.jp
Masataka Hayakawa Hiroyuki Sanbe
Partner Partner
The Japanese Society for Artificial Intelligence Member of a project run by the Council on Competi-
Board member of the AI Business Creation Association tiveness-Nippon (COCN) entitled “The Coming Ultra-
Patent Attorney (Registered on September 7, 2016) Smart Society through Negotiation, Cooperation and
Coordination Between AI Systems”
Member of the subcommittee on AI R&D Principles of
the "Conference toward AI Network Society" of the
Ministry of Internal Affairs and Communications
Practice Areas: Data Protection & Security, Risk Management, Practice Areas: M&A, Capital Markets, Financial Services & Regulations,
Intellectual Property Data Protection & Security
Tel: +81 (3) 5501 1152 Tel: +81 (3) 5501 2276
E-mail: masataka.hayakawa@aplaw.jp E-mail: hiroyuki.sanbe@aplaw.jp
Takafumi Ochiai
Partner
Legal adviser of the Japan Blockchain Association
Member of the “Committee to Discuss Legal System
for Blockchain” of Ministry of Economy, Trade and Industry
Innovation Practice
Board member of the Japan Association for financial APIs
Member of the "Guidelines Review Committee for
Medical Treatment with Information and Communication
Equipment", the Ministry of Health, Labour and Welfare
(as a board member of the Japan Medical Venture
Association) Inquiries:
Leader of Keio University Fine Consortium's "AI and
the Law" committee innovpgmanagers@aplaw.jp
Practice Areas: Data Protection & Security, Healthcare & Life Science,
Financial Services & Regulations
Tel: +81 (3) 5501 2361
E-mail: takafumi.ochiai@aplaw.jpContacting us - Tokyo Head Office Atsumi & Sakai Atsumi & Sakai Address: Fukoku Seimei Bldg. (Reception: 16F) 2-2-2 Uchisaiwaicho, Chiyoda-ku, Tokyo 100-0011 Japan Tel: +81-(0)3-5501-2111 Fax: +81-(0)3-5501-2211 E-mail: innovpgmanagers@aplaw.jp Access: Train Shimbashi Station (Yamanote Line and Keihin Tohoku Line) - 6 minutes walk from the Hibiya Exit Subway Uchisaiwaicho Station (Toei Mita Line) - Directly connected via Exit #A6 Kasumigaseki Station (Chiyoda Line and Hibiya Line) - 3 minutes walk from Exit #C4 Kasumigaseki Station (Marunouchi Line) - 5 minutes walk from Exit #B2
ATSUMI & SAKAI
TOKYO | LONDON | FRANKFURT
www.aplaw.jp/en
NOTICES
1. ABOUT ATSUMI & SAKAI
The Firm's name is Atsumi Sakai Horitsu Jimusho Gaikokuho Kyodo Jigyo. We are organized as an integrated combination of certain foreign
law joint enterprises as defined in the Act on Special Measures Concerning the Handling of Legal Services by Foreign Lawyers. The members
of our foreign law joint enterprises comprise a legal professional corporation by the name of Atsumi Sakai Horitsu Jimusho Bengoshi Hojin,
certain Registered Foreign Lawyers, lawyers of a Japanese Civil Code partnership (represented by Yutaka Sakai, Attorney-at-Law), and Mr.
Markus Janssen, qualified in the Federal Republic of Germany and registered in Japan as a foreign lawyer for advising on the law of the Federal
Republic of Germany, who heads Janssen Foreign Law Office. In addition to lawyers admitted in Japan, our Firm includes Registered Foreign
Lawyers qualified to advise on the laws of the US States of New York and California, England & Wales, the laws of the Federal Republic of
Germany, the People’ s Republic of China, India, the States of Queensland and Victoria, Australia. Registered Foreign Lawyers who are
qualified to advise on State laws are also qualified to advise on Federal laws of their respective countries (each such law “Foreign Law” ).
2. LEGAL ADVICE
Unless stated otherwise in any correspondence or document from A&S (together, “Documents” ), any opinions or advice given in any Document
by A&S on any law is given under the supervision and authority of (i) in respect of Japanese law or any law other than a Foreign Law, a specified
lawyer at A&S who is a Bengoshi, or (ii) in respect of any Foreign Law, a specified Registered Foreign Lawyer at A&S permitted to advise on such
law in Japan.
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