Anti-Money Laundering Policy

Anti-Money Laundering Policy

 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.

[Operation Policy]

  • YMFG shall comply with laws and regulations relating to AML/CFT.

[Organizational Structure]

  • 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.

[Training]

  • 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