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Economy

Japan's FSA beefs up anti-money laundering measures

Financial regulator highlights steps taken ahead of visit by international watchdog

Japan's Financial Services Agency is tightening anti-money laundering rules in hopes of avoiding further criticism from an international watchdog.   © Reuters

TOKYO -- The Financial Services Agency has made anti-money laundering measures a top priority in its annual policy report as it braces for inspections by an intergovernmental watchdog next spring.

The latest guidelines, which outline steps the regulator is taking over the next 12 months, highlight measures against money laundering and terrorism funding, including on-site inspections of financial institutions.

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