How can a firm become a J-Nomad?
An applicant for J-Nomad status must demonstrate that it meets strict eligibility criteria and submit a J-Nomad Application Form to TOKYO AIM.
The Exchange will review the application, discuss it with the applicant and, if appropriate, approve the J-Nomad.
What are the eligibility criteria?
The eligibility criteria as stipulated in the Regulations for J-Nomads and Rules for Enforcement state that an applicant must:
- Demonstrate it has at least two years’ corporate finance experience (or meets one of the equivalent criteria stipulated in the Rules for Enforcement)
- Employ at least three J-Qualified Executives
- Be willing and able to work in partnership with TOKYO AIM within a “principles-based framework”
- Have good knowledge and experience in transactions in Japanese capital markets
- Preserve the reputation or integrity of the Market
For further information on J-Nomad eligibility and how to apply, please refer to the Regulations and Rules for Enforcement for J-Nomads.