Measures to Combat Financial Crime and Money Laundering
First written in FY2020. 7 of 9 entries say "Restated". Latest entry: FY2024.
The Akita Bank moved to the "Worse" side of this theme in 2024, 2 years before the typical company in this theme (2026).
The whole theme swung hardest in 2026: 5 of 7 companies on the "Worse" side.
6 other companies' latest entry also says "Worsened".
- FY2024WorsenedAnnual report
「However, the occurrence of increasingly sophisticated financial crimes could adversely affect the Bank's operating performance and financial condition through higher costs for compensating customers who suffer losses, costs related to measures to prevent recurrence, or loss of trust.」
For financial crime risk, we explicitly stated that increasingly sophisticated financial crimes could result in compensation costs, recurrence-prevention costs and loss of trust. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter of the consolidated fiscal period under review, no matters arose that could materially affect investors' decisions. There were also no material changes to the business and other risks described in the Annual Securities Report for the previous fiscal year.」
We stated that there had been no material changes to the existing business and other risks related to financial crime and money laundering measures. - FY2023RestatedAnnual report
「We have identified measures against money laundering and terrorist financing as key management issues and are working to strengthen our control framework.」
We continue to treat measures against financial crime, money laundering and terrorist financing as key management issues. - FY2022RestatedAnnual report
「We have identified measures against money laundering and terrorist financing as key management issues and are working to strengthen our control framework.」
We continue to treat measures against financial crime, money laundering and terrorist financing as key management issues. - FY2022-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal period under review, no matters arose that could materially affect investors' decisions. There were also no material changes to the business and other risks described in the Annual Securities Report for the previous fiscal year.」
We stated that there had been no material changes to the existing business and other risks related to financial crime and money laundering measures. - FY2021-Q3RestatedAnnual report
「During the cumulative third quarter of the consolidated fiscal period under review, no matters arose that could materially affect investors' decisions. There were also no material changes to the business and other risks described in the Annual Securities Report for the previous fiscal year.」
We stated that there had been no material changes to the existing business and other risks related to financial crime and money laundering measures. - FY2021-Q2RestatedAnnual report
「During the cumulative second quarter of the consolidated fiscal period under review, no matters arose that could materially affect investors' decisions. There were also no material changes to the business and other risks described in the Annual Securities Report for the previous fiscal year.」
We stated that there had been no material changes to the existing business and other risks related to financial crime and money laundering measures. - FY2021-Q1RestatedAnnual report
「During the cumulative first quarter of the consolidated fiscal period under review, no matters arose that could materially affect investors' decisions. There were also no material changes to the business and other risks described in the Annual Securities Report for the previous fiscal year.」
We stated that there had been no material changes to the existing business and other risks related to financial crime and money laundering measures. - FY2020First statedAnnual report
「We have taken measures to strengthen security in order to prevent losses caused by financial crimes, including counterfeit or stolen cash cards and bank-transfer fraud. We have also identified measures against money laundering and terrorist financing as key management issues and are working to strengthen our control framework.」
For the first time, we explicitly identified financial crime, money laundering and terrorist financing as separate risk items, and described efforts to strengthen security and the control framework.