Financial Crime Risks, Including Money Laundering and Terrorist Financing
First written in FY2021. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 4 of 25 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Further strengthening of measures to prevent financial crime, setting quantitative targets to ensure the effectiveness of those measures, and conducting training to raise awareness of financial crime.」
Responses to financial crime risk included strengthening measures, setting quantitative targets, providing training, and explicitly coordinating with regulators and external experts. - FY2025RestatedAnnual report
「Deficiencies in responses to financial crime, internal misconduct and scandals; fostering high ethical standards, implementing the compliance program, and enhancing the effectiveness of the three-lines framework to prevent and detect misconduct at an early stage.」
Financial crime and internal misconduct were reaffirmed as top risks for FY2025, with enhancement of the three-lines framework described as a response. - FY2021First statedAnnual report
「Administrative sanctions and damage to the reputation of the Group resulting from deficiencies in measures against money laundering, terrorist financing and other financial crimes, deficiencies in the framework for excluding antisocial forces, and conduct violating laws, regulations or social norms relating to bribery, corruption and the prevention of insider trading.」
Money laundering, terrorist financing, antisocial forces, bribery and corruption, and insider trading were identified as top risks, with ongoing customer due diligence and monitoring established as responses.