Latest Intelligence is a premium content section developed for AGB members only featuring in-depth articles on relevant items of interest across the multiple Asia Pacific Gaming jurisdictions. AGB relies on an extensive network of regional advisors and contributors to ensure that the published content is real, topical and based on fact.

Japan’s AML policies remain work in progress

Money laundering comes a close second to gambling addiction when it comes to reasons for opposing casinos in Japan, with local media stoking fears that the country’s organized crime gangs plan on using IRs to legitimize the proceeds from crime. These opponents might be exaggerating the risks of money laundering at the anticipated Japanese IRs, but their concerns do not seem to be entirely misplaced. Japan is not necessarily on the cutting edge of Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT) policies.

 


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