TOKYO -- Japanese financial authorities plan to make it easier for companies to identify who actually controls stakes in them, aiming to better facilitate communication between management and shareholders.
Updated code would lower hurdles to identifying investors behind custodians
Institutional investors frequently hold shares in companies through custodial banks that safeguard their assets. © Reuters
TOKYO -- Japanese financial authorities plan to make it easier for companies to identify who actually controls stakes in them, aiming to better facilitate communication between management and shareholders.