The Yamaguchi Financial Group, Inc. and our group companies ("YMFG") recognizes the importance of anti-money laundering and counter terrorist financing (AML/CFT). YMFG will work on AML/CFT continuously based on the following policy.
YMFG shall comply with laws and regulations relating to AML/CFT.
The YMFG's Board of Directors shall establish money laundering prevention systems as the top management issue.
YMFG shall develop a unitary internal control system to ensure the effectiveness and efficiency of AML/CFT
Time of Transaction
YMFG shall develop internal control system in order to carry out necessary and timely measures in an appropriate manner on transaction confirmation.
Customer Management Measures
YMFG shall continue to improve its money laundering prevention system, reviewing risk mitigation measures, analyzing and conducting appropriate customer due diligence processes based on a risk-based approach.
Sanctions and Freezing Asset
YMFG shall comply with relevant provisions etc., promogulated by YMFG, pursuant to the applicable laws, rules and regulations concerning sanctions.
YMFG shall take asset-freezing measures in respect of entities and individuals, pursuant to applicable laws, rules and regulations concerning asset freezing.
Anti-Bribery & Prevention of Corruption
YMFG shall consistently refuse any demand for a bribe and offer no gifts and entertainment, charitable, philanthropic and political donations that exceed social norms.
YMFG shall not use our statuses or positions in the companies to seek personal interests from customers as well as business partners.
YMFG shall not engage in or be involved in any form of corruption.
YMFG shall continuously carry out the training for executives and employees to establish business operations related to money laundering prevention and ensure its effectiveness.
Suspicious Activity Report
YMFG shall monitor the transaction status with customers on a daily basis and promptly notify the authorities about suspicious customers and transactions detected.
Audit for the Status of Compliance
YMFG shall audit the appropriateness of money laundering prevention system and make an effort to further improve the system.
【The Group Companies which conduct AML/CFT activities under this Policy】
Yamaguchi Bank , Momiji Bank , Kitakyusyu Bank , YM Securities , Izutsuya Withcard , YM Lease , Yamagin Card , Momiji Card,YM Asset Management