Japan; Report on the Observance of Standards and Codes: FATF Recommendations for Anti-Money Laundering and Combating the Financing of Terrorism

This paper focuses on observance of standards and codes on the Financial Action Task Force (FATF) recommendations for antimoney laundering and combating the financing of terrorism (AML/CFT) measures in Japan. The paper describes and analyzes such measures and provides recommendations on how certain aspects of the system could be strengthened. It also sets out the levels of compliance of Japan with FATF recommendations and also provides recommendations on how certain aspects of the system could be strengthened.

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Year of publication:	2009-03-25
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Bank supervision \| Combating the financing of terrorism \| Financial institutions \| Governance \| International cooperation \| Reports on the Observance of Standards and Codes \| money laundering \| terrorist \| law enforcement \| terrorist financing \| dual criminality \| due diligence \| terrorist assets \| beneficial ownership \| competent authorities \| terrorism \| organized crime \| criminal proceeds \| terrorists \| legal assistance \| law enforcement agencies \| enforcement authorities \| law enforcement authorities \| shell banks \| financing of terrorism \| foreign branches \| negotiable instruments \| internal controls \| business relationships \| terrorist organisations \| suspicious transactions \| securities sectors \| lawful purpose \| foreign counterparts \| identification data \| suspicious transaction \| criminal liability \| legal entity \| administrative sanctions \| penal code \| terrorist acts \| terrorism finance \| legal arrangements \| extradition requests \| information exchange \| predicate offences \| transaction reporting \| suspicious transaction reporting \| money laundering cases \| account files \| supervisory authorities \| risk customers \| complete originator information \| compliance officer \| audit function \| banking relationships \| customer identification \| account number \| supervisory agencies \| criminal organizations \| illegal activity \| terrorist act \| record keeping requirements \| beneficial owners \| reporting requirements \| value transfer \| control structure \| wire transfer \| money laundering offence \| risk categories \| international standards \| international terrorism \| unusual transactions \| confiscated property \| terrorist attacks \| anonymous accounts \| criminal sanctions \| domestic wire transfers \| adequate powers \| control information \| terrorist organizations \| domestic law \| exchange information \| securities transactions \| predicate offence \| supervisory bodies \| laundered funds \| technical resources \| assessment methodology \| legal entities \| precious metals \| licensing process \| legal assistance treaties \| suspicious transaction reports \| professional secrecy \| extraditable offence \| transaction records \| transaction reports \| good faith \| law enforcement bodies \| criminal law \| financial intelligence unit \| illicit funds \| money laundering measures \| foreign jurisdiction \| secrecy laws \| regulatory requirements \| drug consumption \| supervisory agency \| conspiracy charges

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 09/101 2 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011244583