(2005), under which it is aiming for “strict observance with laws, regulations and rules” and the “severance of relationships with anti-social forces”, representing efforts to observe laws and regulations related to the prevention of money laundering and to eliminate transactions made by Boryokudan and other anti-social forces.

On the issue of countermeasures against money laundering, the Association has compiled and distributed a guidebook titled “Preventing Financial Crimes and Issues at the Teller’s Window” in order to provide tellers with correct knowledge concerning the Act. The guidebook is designed as a study material for a seminar on how to verify customer identity and report suspicious transactions. In addition, in response to the partial amendment of the Act on Prevention of Transfer of Criminal Proceeds in 2014, the Association is raising members’ awareness, through documents, about the outline and expected responses concerning the amended Act.

In addition, as an effort to eliminate relationships with anti-social forces, the Association has presented examples of exclusionary clauses on the Boryokudan to be incorporated in such clauses as those on financial trading and deposit transactions. The Association also partially revised their model Articles of Incorporation in 2012 in order to eliminate any anti-social forces from capital contributing members. All Shinkin Banks have completed such revisions by now. In addition, in March 2015, the Association issued a booklet comprising reference materials to show examples that will contribute to severance of relationships with anti-social forces and provided it to members.

## 3 Credit Cooperatives

In Japan, all credit cooperatives are members of the National Central Society of Credit Cooperatives (NCSCC). To ensure that countermeasures against ML/TF are implemented, NCSCC has been making efforts to develop relevant systems such as through the dissemination of the statements issued by the FATF and amended list of parties subject to asset freezing, such as those relating to the Taliban, and the compilation and provision of reference materials for training and examples of how to verify customer identity and undertake procedures concerning suspicious transaction reports. Furthermore, NCSCC prepares posters and leaflets to inform customers of CDD procedures and makes them available at its member credit cooperatives and on the NCSCC website and respective members' websites. NCSCC also gave notice and held briefing sessions to explain the 2014 amendment of the Act on Prevention of Transfer of Criminal Proceeds to have its members fully understand the content thereof.

Besides, regarding the coping with anti-social forces, NCSCC communicated to its members reference examples of exclusionary clauses in various agreements concerning loans and deposit transactions, and examples of articles of incorporation to which a provision for excluding anti-social forces from among members was added. It also holds seminars on how to deal with anti-social forces with the aim of having member credit cooperatives learn about the development of appropriate systems.

Additionally, since 2014, NCSCC has been given access to the Japanese Bankers Association’s database concerning anti-social forces and has communicated information to mem-