Regulatory Changes to the Act on Prevention of Transfer of Criminal Proceeds and Other Regulations
First written in FY2022. 1 of 2 entries say "Mitigated", first in FY2023. Latest entry: FY2023.
The whole theme swung hardest in 2024: 4 of 23 companies on the "Worse" side.
1 other company's latest entry also says "Mitigated".
- FY2023MitigatedAnnual report
「The Group conducts its business in accordance with the laws and regulations currently in effect and has established a system enabling it to promptly obtain information on new regulations and regulatory amendments affecting its business partners through lawyers and external organizations.」
In response to the risk of regulatory changes under the Act on Prevention of Transfer of Criminal Proceeds and other laws, the disclosure specifies a system for obtaining information through lawyers and external organizations. - FY2022First statedAnnual report
「If new laws or regulations are enacted that include the use of the internet, related services, and businesses operating internet-related businesses as regulated entities designated as “specified business operators,” or if the interpretation of existing laws and regulations concerning the verification of identification information in non-face-to-face transactions is changed, the Group’s business development may be constrained.」
The disclosure indicates that the legal basis for and compliance requirements applicable to eKYC may change through the enactment or amendment of laws and regulations or changes in their interpretation.