I'm skeptical of Bloomberg's take, or at least that the details will really match it. I've loosely dealt with Japanese financial regulations (while working on

I'm skeptical of Bloomberg's take, or at least that the details will really match it. I've loosely dealt with Japanese financial regulations (while working on some projects in the insurance industry). My impression and the impression I got from people working much more closely with said regulations than me, is that they're very strict and rigid, much more so than working with US regulations. I think it's likely that they might "allow" them, but with strict and stifling regulations that eliminate most interest in them.