Anti-Money Laundering & Counter Terrorism Financing and Sanctions

Organisations offering designated services are faced with a multitude of money laundering and terrorism financing risks. The Japan Anti-Money Laundering & Counter Terrorism Financing module outlines your organisations obligations under such laws as the 'Act on Prevention of Transfer of Criminal Proceeds', 'Foreign Exchange and Foreign Trade Act', 'Act on Special Measures Concerning Asset Freezing, etc. of International Terrorists' and over 22 other compliance sources. This module offers practical guidance on the identification, mitigation and management of money laundering and terrorism financing risks.

Module Scope:

Core Obligations

Overview
Specified Business Operator
Overview of Customer Due Diligence Procedures
Details of Customer Due Diligence
Suspicious Transaction Reporting (STR)
International Transactions
Implementation of AML/CFT programme
Complying with international sanctions
Preparing for Foreign Exchange inspection by the Authority

Legal Landscape

Act on Prevention of Transfer of Criminal Proceeds
Foreign Exchange and Foreign Trade Act
Act on Special Measures Concerning Asset Freezing, etc. of International Terrorists
Act on Punishment of Financing to Offences of Public Intimidation
and 22 other compliance sources

Regulators

- Financial Services Agency
- Japan Financial Intelligence Center
- Ministry of Finance
- and 8 other regulators

Webinars

Anti-Money Laundering Webinars | Koji Kanazawa

Koji Kanazawa outlines the current AML-CFT regulatory landscape and environment in Japan, highlights the new trends happening in AML-CFT and explains the penalties for breaching AML-CFT laws in Japan.

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Legal Expert

Partner, Chuo Sogo Law Office, P.C

Koji Kanazawa

KOJI KANAZAWA’S main areas of practice encompass broad range of corporate commercial transactions, corporate finance, mergers & acquisitions and general corporation laws. In addition, he has advised various financial institutions in all aspects of their operations, with a focus on financial regulatory matters. With his experience at the Financial Services Agency, Japanese Government, Koji has been working on compliance issues of financial institutions including AML/CFT, countermeasures against Anti-Social Forces, and personal data protections. He has..

Associate, Chuo Sogo Law Office, P.C

Eiki Takahashi

EIKI TAKAHASHI is an Attorney at law working at Chuo Sogo Law Office, P.C. and was seconded to the Financial Services Agency (FSA) from January 2016 to April 2018, where he was primarily involved in supervisory work related to AML/CFT and countering anti-social forces, as well as inspection and supervision of the virtual currency (crypto-assets) sector.