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Cuba Sentences Former Economy Minister Alejandro Gil to Life in Prison in Landmark Corruption Case

Cuba’s Supreme Popular Tribunal has sentenced former...

Former EU Foreign Policy Chief Federica Mogherini Charged in Belgian Fraud and Corruption Probe

Federica Mogherini, the former European Union high...

Former Colombian Ministers Charged in Expanding Vote-Buying Scandal

Colombia’s widening political corruption scandal deepened on...

Tag: aml compliance failures

FSA Weekly Review No.592 June 27, 2024

June 14, 2024 Publication of the draft "Cabinet Office Order to Amend the Regulation on Terminology, Forms and Preparation Methods of Consolidated Financial Statements," etc....

Administrative Actions, etc. against Mitsubishi UFJ Morgan Stanley Securities Co., Ltd., Morgan Stanley MUFG Securities Co., Ltd. and MUFG Bank, Ltd.

Today, the Financial Services Agency (hereinafter "FSA") took administrative actions against Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (Chiyoda City, Tokyo; corporate number: 4010001129098;...

Publication of the “Action Program for Corporate Governance Reform 2024: Principles into Practice”

The Council of Experts Concerning the Follow-up of Japan's Stewardship Code and Japan's Corporate Governance Code The Council of Experts Concerning the Follow-up of Japan's...

FSA Weekly Review No.589 June 6, 2024

May 28, 2024 Publication of the draft "Cabinet Office Order to Amend the Cabinet Office Order on Definitions Under Article 2 of the Financial Instruments...

Securities of issuers limiting disclosures to be sorted out

Currently, many issuers are obliged to limit disclosures taking into account sanction risks. The flip side of such limitations is the information asymmetry in the public capital market. Investors lack information they...

FSA Weekly Review No.584 April 26, 2024

Week of April 12, 2024 - April 19, 2024 This page contains the latest in events, developments, and updates to the FSA website. Public Comments April 17, 2024 Publication of the...

Statement by Bank of Russia Governor Elvira Nabiullina in follow-up to Board of Directors meeting on 26 April 2024

Good afternoon, Today, we have made the decision to keep the key rate at 16.0% per annum. Inflationary pressures have been gradually easing, while lending, consumer and investment activity remains high. It is so far impossible to say that the slowdown...

Speeches : Financial Services Agency

Minister of State for Financial Services March 17, 2021 Closing Remarks At FIN/SUM 2021, Tokyo August 24, 2020 Opening Remarks At Blockchain Global Governance Conference, FIN/SUM Blockchain & Business, Tokyo June 8,...

The FSA publishes the status of loans held by all banks as of the end of September 2023, based on the Financial Reconstruction Act:FSA

Loans based on the Financial Reconstruction Act (FRA) The total amount of loans held by all banks as of the end of September 2023, based...

Revision of “Frequently Asked Questions Regarding “Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism””

The FSA revised "Frequently Asked Questions Regarding “Guidelines for Anti-Money Laundering and Combating the Financing of Terrorism”"("FAQs") (issued in March 2021, last revision: August 2022), in order...

Restrictions on money transfers abroad extended

The Bank of Russia has extended the restrictions for another six months. They will be effective from 1 April through 30 September 2024. Citizens of the Russian Federation and non-resident individuals from friendly states will still be allowed...

Bank of Russia extends restrictions for non-residents from unfriendly states to transfer money abroad from brokerage and trust management accounts

From 1 April 2024, these operations will be suspended for another six months. The restrictions are applicable to money transfers from both individuals’ and legal entities’ accounts opened with Russian brokers and trust managers. They...

Bank of Russia submits 2023 Annual Report to State Duma

Affordable loans alongside increased budget expenditures provided the boost helping the Russian economy rebound already by mid-2023 — Bank of Russia Governor Elvira Nabiullina emphasised in her address to readers. When the recovery completed,...

A speech on “Changing dynamics – How should regulators respond to new challenges” at the Eurofi High Level Seminar 2024

On February 21, 2024, ARIIZUMI Shigeru, Vice Minister for International Affairs, gave a speech titles “Changing Dynamics - How should regulators respond to new...

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