JapanJapan’s Financial Services Agency published an English version of its monthly newsletter which highlights its recent activities and publications, as well as an address by the Minister of State for Financial Services at the 97th annual meeting of the Trust Companies Association of Japan.
Japan’s Financial Services Agency published an English translation of the Frequently Asked Questions accompanying the guidelines on anti-money laundering and counterterrorism financing.
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Japan FSA Issues Administrative Action Against Revolut Technologies Japan, Inc. for AML/CTF Failures
Japan’s Financial Services Agency announced an administrative action brought by the Kanto Local Finance Bureau against the Tokyo-based payment services company for regulatory shortcomings.
Japan’s Financial Services Agency took administrative actions against Mizuho Bank, Ltd. and Mizuho Financial Group, Inc., ordering the institutions to strengthen governance procedures and certain anti-money laundering processes.
| Technical | Effectiveness |
|---|---|
| Compliant : 4 | High : 0 |
| Largely Compliant : 25 | Substantial : 3 |
| Partially Compliant : 9 | Moderate : 8 |
| Non-Compliant : 1 | Low : 0 |
| Not-Applicable : 1 |
Japan's technical compliance was re-rated in a Sept. 13, 2022, follow-up report.
| Rank : 47/110 |
| Score : 4.99/10 |
| Rank : 19/179 |
| Score : 74/100 |
| Rank : 16/133 |
| Score : 66/100 |