An article titled “Recent Trends of FX Act-Related Regulations and Points in Responding to Economic Sanctions,” written by Takashi Osawa, was published in The Finance.

Table of Contents

(1) Revision of the Foreign Exchange Act to address the FATF Recommendations and clarification of risk-based approach

(2) Release of new guidelines
　(i) Significance of the guidelines
　(ii) Identification and evaluation of risks, etc.
　(iii) Risk reduction measures

(3) National risk assessment of proliferation financing

(4) High-risk transaction types and how to deal with them

Recent Trends of FX Act-Related Regulations and Points in Responding to Economic Sanctions (thefinance.jp)