The Japanese government has approved a reform that significantly tightens visa requirements for business manager (business manager), the usual and preferred route for foreigners who want to found and manage companies in the country. Starting this October, the minimum capital threshold has been multiplied by six: from five million yen (about €29,000) to 30 million yen (€172,500). It is also required to hire at least one full-time worker who is a Japanese citizen or long-term resident, and a minimum requirement of Japanese language proficiency is set. The government defends this tightening as a measure to curb the fraudulent use of this residence permit.

The new Catalan bank 11Onze will start operating on October 1. The entity, which will receive deposits and issue debit cards, will open its doors from that day to the first 5,000 people who want to become their customers, as explained in a statement. People who do not make it in this first batch will be registered on a waiting list and "we do not know how soon they will be joining us," according to a spokesman for the new Catalan fintech. Originally, entry is being offered to people who are registered in La Plaça, a social network where the company's customers interact.