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FSA Weekly Review No.576 February 29, 2024

Money LaunderingFSA Weekly Review No.576 February 29, 2024

The FSA has published the main issues raised by the FSA at opinion exchange meetings* held with relevant associations in the financial sector in January 2024. (Available only in Japanese).

Common topics across the groups were:

– The plan for promoting Japan as a Leading Asset Management Center

– The enhancement of anti-phishing measures

– Japan Fintech Week 2024

– The FSA’s FY 2022 request for tax revisions

– Dissemination and publicity concerning NISA

– The launch of Japan’s Impact Consortium, and

– AML/CFT (Anti-Money Laundering and Combating the Financing of Terrorism) measures [including the enhancement of corporate public relations in terms of AML/CFT measures and the development of risk management systems].

* To enhance the transparency of its administration and to share its awareness of issues in the financial sector in a timely manner, every month the FSA publishes the main issues raised by the FSA at opinion exchange meetings with the relevant associations** in the financial sector. Opinion exchange meetings are held with the respective associations on a regular basis.

** In January 2024, opinion exchange meetings were held respectively with the following six groups: major banks, etc.; the Regional Banks Association of Japan and the Second Association of Regional Banks; the National Association of Shinkin Banks; Trust Companies Association of Japan; the Japan Securities Dealers Association (JSDA); and the Investment Trusts Association, Japan.

The original press release is available in Japanese.

Story from www.fsa.go.jp

Disclaimer: The views expressed in this article are independent views solely of the author(s) expressed in their private capacity.

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