According to Japan’s Financial Services Agency (Japan financial regulator), the cross-sector report was prepared by Deloitte Tohmatsu and focuses on improving detection capabilities across the financial industry.
Japan’s Financial Services Agency (Japan financial regulator) has published a report on strengthening transaction monitoring detection capabilities across the financial industry. According to the agency’s official announcement, the report was prepared by Deloitte Tohmatsu under a commissioned cross-sector review. The publication points to a regulatory focus on improving how financial institutions identify suspicious or unusual transactions, an area that is also relevant to digital asset compliance and anti-money laundering controls.