An article titled “Influence of the Amendment to the Act Against Unjustifiable Premiums and Misleading Representations, Effective October 1, 2024, on the Management Division” written by Kenji Sarukura and Ayaka Kondo was posted on “Manegy.”

I. Outline of the 2023 Amendment to the Act Against Unjustifiable Premiums and Misleading Representations

1. What is the 2023 Amendment?

2. Circumstances that led to the amendment

II. Key points of the 2023 Amendment

1. Introduction of commitment procedures

2. Review of surcharge system

3. Expansion of penal provisions

4. Addressing the progressing internationalization

5. Introduction of disclosure requests by qualified consumer organizations

III. Influence of the 2023 Amendment on companies and actions to be taken by the management division

1. Points on commitment procedures

2. Expansion of penal provisions

VI. Summary

https://www.manegy.com/news/detail/10191/