Risk of Money Laundering and Other Financial Crime

「Reflecting the fluid international situation, the United Nations and individual countries and regions have imposed economic sanctions and other measures, and financial institutions that provide products or services to sanctioned persons and others are subject to severe penalties.」

「当行は、提供する商品・サービスがマネー・ローンダリング、テロ資金供与及び拡散金融に利用される可能性があることに留意し、方針及び規程を定め、リスクの特定・評価及び商品・サービスの見直しを実施しております。AML分析システムによるデータ分析の高度化等、管理態勢の強化に継続的に取り組んでおります。」

「In recent years, financial crimes exploiting financial institutions' services, including cases involving money laundering, terrorist financing and proliferation financing, specialized fraud, social media-based investment and romance scams, the fraudulent use and sale of accounts, unauthorized withdrawals of deposits using IDs and passwords illicitly obtained for internet banking, impersonation in non-face-to-face transactions, and the conversion of criminal proceeds into crypto-assets, have shown no signs of decline, while the methods used have become increasingly sophisticated and elaborate each year.」

「To prevent these activities, the Bank is strengthening measures against money laundering, terrorist financing and proliferation financing by establishing a framework for complying with laws and regulations in Japan and overseas, and implementing measures including customer due diligence, the detection and reporting of suspicious transactions, reviews of products and services, and responses to economic sanctions.」

「To prevent these activities, the Bank is strengthening measures against money laundering, terrorist financing and proliferation financing by establishing a framework for complying with laws and regulations in Japan and overseas, and implementing measures including customer due diligence, the detection and reporting of suspicious transactions, reviews of products and services, and responses to economic sanctions.」

「As part of its international responsibility to prevent money laundering and terrorist financing, the Bank worked to strengthen its framework by promoting the collection of customer information and preparing to build a new system.」

「With respect to enhancing measures against money laundering and terrorist financing, we will continue to enhance monitoring and build a new system, among other initiatives.」

「With respect to enhancing measures against money laundering and terrorist financing, we will continue to enhance monitoring and build a new system, among other initiatives.」

「As part of its international responsibility to prevent money laundering and terrorist financing, the Bank worked to strengthen its framework by reviewing products and services, enhancing monitoring, and preparing to build a new system.」

「To prevent these activities, the Bank has implemented measures including customer due diligence, detection and reporting of suspicious transactions, and reviews of products and services.」

「The Bank positions the prevention of money laundering and terrorist financing as a key management issue and is working to develop and strengthen its control framework. In recent years, financial crimes that exploit the services of financial institutions, including wire-transfer scams, the fraudulent use and sale of accounts, and unauthorized withdrawals of deposits and other funds targeting internet banking, which may be related to money laundering, have shown no signs of decline in Japan, while their methods have become increasingly sophisticated. The Bank has taken the measures necessary to prevent them.」

「In recent years, financial crimes that exploit the services of financial institutions, including wire-transfer scams, the fraudulent use and sale of accounts, and unauthorized withdrawals of deposits and other funds targeting internet banking, which may be related to money laundering, have shown no signs of decline in Japan, while their methods have become increasingly sophisticated. The Bank has taken the measures necessary to prevent them. However, if these measures fail to produce sufficient results and illicit transactions such as money laundering occur, this could affect the business, performance, and financial position of the Bank Group through costs incurred in responding to the incidents, implementation of additional measures to prevent recurrence, administrative sanctions against the Bank Group, and damage to its social reputation.」