ORGANISED CRIME RAISES MONEY LAUNDERING CONCERNS IN VULNERABLE FINANCIAL CENTRE JAPAN
February 1st, 2018
JAPAN’S long-standing exposure to organised crime groups such as the Yakuza means that however effective the country’s anti-money laundering and combatting the financing of terrorism (AML/CFT) systems maybe, they will continue to face sophisticated challenges.
Despite enhanced criminal and civil legislation targeting Japan's underworld groups, such as the February 2000 Act on the Punishment of Organised Crimes and the March 2007 Act on Prevention of Transfer of Criminal Proceeds (See part 4 ...
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