Risks associated with the increasing sophistication of financial crime, money laundering and related activities
First written in FY2019. 9 of 11 entries say "Restated". Latest entry: FY2026.
The Gunma Bank moved to the "Worse" side of this theme in 2026, the same year as the typical company in this theme.
The whole theme swung hardest in 2026: 5 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2026WorsenedAnnual report
「The regulatory framework concerning threats from money laundering, terrorist financing and proliferation financing, as well as other violations of economic sanctions, is constantly changing both domestically and overseas.」
In addition to conventional money laundering and terrorist financing, the Bank explicitly identified proliferation financing and violations of economic sanctions as risk areas, expanding the scope of risks. - FY2025-H1RestatedAnnual report
「No new business or other risks arose during the interim consolidated accounting period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank disclosed that there had been no new developments or material changes regarding heightened risks relating to financial crime, money laundering, etc. - FY2024-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank comprehensively disclosed that there had been no new developments or material changes regarding heightened risks relating to financial crime, money laundering, etc. - FY2024-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank comprehensively disclosed that there had been no new developments or material changes regarding heightened risks relating to financial crime, money laundering, etc. - FY2022-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank continued to disclose that there had been no new developments or material changes regarding heightened risks relating to financial crime, money laundering, etc. - FY2021RestatedAnnual report
「As the economy becomes increasingly borderless, threats from money laundering and terrorist financing and the regulatory framework addressing financial crime continue to change both domestically and overseas.」
The Bank continued to recognize threats from financial crime, money laundering, etc., and regulatory changes as risks, while advancing stricter customer due diligence at the time of transactions and introducing detection systems. - FY2021-Q3RestatedAnnual report
「There were no newly arising business or other risks during the third quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank disclosed that there had been no new developments or material changes regarding heightened risks relating to financial crime, money laundering, etc. - FY2021-Q1RestatedAnnual report
「There were no newly arising business or other risks during the first quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank comprehensively disclosed that there had been no new developments or material changes regarding heightened risks relating to financial crime, money laundering, etc. - FY2020RestatedAnnual report
「The Bank recognizes the risk that its products and services may be used for money laundering or terrorist financing as financial crime becomes increasingly borderless, and positions anti-money laundering and counter-terrorist financing measures as key management issues while working to strengthen its prevention framework.」
The Bank continued to identify heightened risks relating to financial crime, money laundering, etc., and its prevention framework. - FY2020-Q2RestatedAnnual report
「There were no newly arising business or other risks during the second quarter of the current consolidated cumulative period. In addition, there were no material changes to the business or other risks described in the securities report for the previous fiscal year.」
The Bank comprehensively disclosed that there had been no new developments or material changes regarding heightened risks relating to financial crime, money laundering, etc. - FY2019First statedAnnual report
「The Bank recognizes the risk that its products and services may be used for money laundering or terrorist financing as financial crime becomes increasingly borderless, and positions anti-money laundering and counter-terrorist financing measures as key management issues while working to strengthen its prevention framework. However, if large-scale financial crime beyond the scope of assumptions occurs, the Bank could violate laws and regulations enforced by domestic or overseas regulators and incur increased expenses through substantial compensation to victims, significant security-related costs and fines. Loss of public trust and other factors could also adversely affect its business, results of operations and financial condition.」
The Bank newly identified the borderless nature of financial crime, the use of its products and services for money laundering and terrorist financing, and compensation, fines and loss of public trust in the event of large-scale crime as risks.