Risk of deficiencies in anti-money laundering and counter-terrorist financing measures
First written in FY2019. 3 of 5 entries say "Restated". Latest entry: 2026-05-28.
The whole theme swung hardest in 2024: 4 of 23 companies on the "Worse" side.
18 other companies' latest entry also says "Restated".
- 2026-05-28RestatedGeneral Meetings of Shareholders
「In addition, we established an AML※ Financial Crime Countermeasures Office within our compliance department and are working to strengthen systems across the Group to prevent money laundering and terrorist financing.」
The company reiterated the Financial Crime Countermeasures Office and efforts to strengthen systems across the Group to prevent money laundering and terrorist financing. - FY2022-Q2RestatedAnnual report
「The threats of money laundering and terrorist financing, as well as the frameworks of domestic laws and overseas regulations, are constantly changing. In addition, with the publication of the Financial Action Task Force (FATF)'s Fourth Round Mutual Evaluation Report of Japan, the external environment surrounding the group is also changing.」
In response to changes in the external environment, the company continues to strengthen anti-money laundering and counter-terrorist financing measures and develop its management systems. - FY2021RestatedAnnual report
「The occurrence of unexpected costs associated with further strengthening of controls, the partial suspension of overseas remittance services and other operations following the termination of correspondent banking agreements, the imposition of punitive fines, and deterioration in the group's reputation, among other factors」
The company continues to address the impact channels arising from deficiencies in anti-money laundering and counter-terrorist financing measures and its policy of strengthening controls. - FY2020WorsenedAnnual report
「The occurrence of unexpected costs associated with further strengthening of controls, the partial suspension of overseas remittance services and other operations following the termination of correspondent banking agreements, the imposition of punitive fines, and deterioration in the group's reputation, among other factors」
For deficiencies in anti-money laundering and counter-terrorist financing measures, the company has added impact channels including the termination of correspondent banking agreements and punitive fines, in addition to the previously identified cost and reputational impacts. - FY2019First statedAnnual report
「The threats of money laundering and terrorist financing, as well as the frameworks of domestic laws and overseas regulations, are constantly changing. If the management systems of the group's banks and affiliates become inadequate, unexpected costs may arise from further strengthening of controls, and the group's operations, performance and financial condition may be affected by deterioration in its reputation, among other factors.」
Deficiencies in anti-money laundering and counter-terrorist financing measures are described as an independent business and other risk item, separate from information leaks and financial crime.