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What Is the Anti-Money Laundering Act (AMLA)?

The Japan Ministry of Finance (MOF) is a key government agency responsible for managing Japan's financial and economic policies, including the regulation of financial markets and institutions. In the realm of sanctions and financial crime compliance, MOF plays a pivotal role in implementing and enforcing economic sanctions, particularly those related to international obligations and national security. 

MOF collaborates with other government entities, such as the Financial Services Agency (FSA) and the Ministry of Foreign Affairs (MOFA), to ensure that Japan adheres to global standards on anti-money laundering (AML) and counter-terrorism financing (CTF). This includes developing regulations that require financial institutions to conduct due diligence, monitor transactions, and report suspicious activities. By establishing clear guidelines and oversight mechanisms, the Ministry of Finance aims to protect Japan’s financial system from misuse, uphold international commitments, and enhance the integrity of its financial markets. 

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