Tokyo has implemented significant regulatory reforms to boost transparency, governance, and foreign investor confidence. Japan’s Corporate Governance Code encourages companies to prioritize shareholder returns and accountability, making Tokyo an attractive market for global investors. The Tokyo Metropolitan Government (TMG) also offers tax incentives and streamlined processes for asset managers and financial firms entering the market. With these reforms, Tokyo has created a business-friendly environment that lowers operational barriers for international financial firms and asset managers, making it easier for foreign investors to establish a presence in Japan’s growing financial sector.