The MS&AD Insurance Group has prescribed the Policy on Anti-Money Laundering and Countering the Financing of Terrorism as follows.
Policy on the Anti-Money Laundering and Countering the Financing of Terrorism
- The MS&AD Insurance Group (hereinafter referred to as the “Group”) recognizes that money laundering and the provision of financing for terrorism are a serious threat to a sound financial system; complies with relevant laws and regulations such as the Act for Prevention of Transfer of Criminal Proceeds; and establishes and maintains appropriate management systems.
- Anti- money laundering and countering the financing of terrorism are strongly affected by the international situation changing day by day, and the responses of financial institutions, etc. that evolve in line with this situation. The Group responds flexibly to these trends and changes in risks, while at the same time, the group identifies and evaluates the own exposure to various risks and maintains effective management systems by adopting risk-reduction measures commensurate with risks. Moreover, the group regularly verifies the effectiveness of anti-money laundering and countering the financing of terrorism and reviews our management systems in light of verification outcomes.
- The Group does not allow the products and services it provides to be used in money laundering or the financing of terrorism. To that end, as well as developing organizational systems and regulations, we also train our company officers, employees and agents to ensure they are thoroughly aware of the importance of anti-money laundering and countering the financing of terrorism.