Das japanische Insiderrecht

For decades, insider trading regulations did not play a significant role in Japanese law with the result being that Japan for decades was deemed an insider's paradise. Only recently have such regulations gained practical importance and attention in both academic and professional legal circles. Markus Thier's study analyses the complex Japanese situation from a comparative perspective. At the same insider trading regulations serve as an illustrative example of a legal transplant which for considerable time remained »dead law« in Japan. Only recently, against the backdrop of a changing context, the initially unsuccessful legal transplant gradually evolved into an effective Japanese insider regulation regime of its own.