The Ministry of Foreign Affairs of Japan announced new restrictive measures against Russia for its ongoing war against Ukraine.
In an article published in Eurofi Magazine, a senior official from Japan’s Financial Services Agency called on financial regulators to consider important policy perspectives on the risks posed by rapidly evolving crypto-asset markets.
Scotiabank exits AML enforcement action, Japan eyes stronger AML rules for cryptocurrency, and more, in the midweek roundup.
Wirecard chief executive denies culpability, Credit Suisse breached sanctions against Russia, and more, in the midweek roundup.
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 |