Handbook” and the “Countermeasures Against Money Laundering and Terrorist Financing FAQs” for both executives and regular employees, thereby assisting members in their efforts. In addition, LIAJ also makes posters and presents important points pertaining to the subject on its website.

To address the issue of anti-social forces, LIAJ has issued a directive entitled "Guidelines for Coping with Anti-social Forces in the Life Insurance Industry." With a view to dissolving insurance contracts of parties found to be anti-social forces or that are engaged with anti-social forces in a manner unacceptable to society, the LIAJ has issued for members entitled "Insurance Contract Rules and Regulations Regarding Anti-social Forces". In addition, the LIAJ works with the police and other external specialized institutions, creates industry databases on anti-social forces, and takes other necessary steps.

### 7. Non-Life Insurance Industry

As for the non-life insurance industry, with a view to preventing ML/TF, verification of customer identity procedures regarding savings-type insurance or large cash transactions exposed to a high risk of ML/TF have been implemented since 1990. The General Insurance Association of Japan has acted on an industry-wide basis in providing procedures related to customer identification, jointly issuing posters for use in store locations and writing a letter to inform its agencies, which constitute the main channel for the sale of non-life insurance, of the issue.

In addition, in response to the partial amendment of the Act on Prevention of Transfer of Criminal Proceeds in 2014, the Association revised the Administrative Reference Materials, which it had compiled for the members, in order to facilitate uniform and comprehensive verification of transactions and preparation/preservation of verification records. Additionally, the Association reviewed the content of the information posted on the special page on its website and the leaflets to be handed out to customers.

As a measure to address the issue of anti-social forces, the “fundamental policy,” which specifies the industry’s efforts to sever relationships with anti-social forces, and “model articles of incorporation,” which include a clause for Boryokudan elimination, have been formulated and published on the website of the General Insurance Association of Japan.

### 8. Securities Industry

In the securities industry, the Japan Securities Dealers Association adopted a resolution to restrict transactions with Boryokudan members and Boryokudan-related persons in 1991, and the industry has made efforts to eliminate members of Boryokudan and such persons from securities transactions and to promote AML/CFT measures, including thorough verification of customer identity. The Japan Securities Dealers Association and each stock exchange, together with relevant authorities including the Financial Services Agency and the National Police Agency, established the "Securities Safety Liaison Committee" in November 2006 and the "Securities Safety Liaison Committee Working-level Session" under the Committee in January 2007 to examine further measures to eliminate anti-social forces from the industry. In July 2007, "Elimination of Anti-social Forces from Securities Transactions and