In order to prevent money laundering and terrorist financing (hereinafter referred to as "Money Laundering, Etc."), Z Holdings Corporation and its subsidiaries and affiliates (hereinafter collectively referred to as the "Z Holdings Group") shall develop an appropriate internal control system for the prevention of Money Laundering, Etc. and develop a system for sharing information within the Z Holdings Group. In addition, in accordance with the Act on Prevention of Transfer of Criminal Proceeds and related guidelines, etc., specified business operators within the Z Holdings Group shall develop an appropriate internal control system based on a risk-based approach that takes into consideration the business conditions of the specified business operators within the Group.
Framework of internal control system and information sharing system
The Z Holdings Group regards the prevention of Money Laundering, Etc. as one of the most important management issues, and the management team shall be deeply involved in this issue. In addition, the Group shall establish and operate systems such as a meeting body to regularly share information with the specified business operators within the Group.
Measures undertaken by the specified business operators
Based on the identification and assessment of risks within the Z Holdings Group, the Group shall thoroughly implement the following measures to prevent Money Laundering, Etc.
- Customer management measures, including identity verification and ongoing customer management
- Confirmation at the time of transactions, including transaction filtering and transaction monitoring
- Timely notification of questionable transactions regarding "suspicious transactions" detected in the above risk reduction measures
Training of officers and employees
In order to prevent Money Laundering, Etc., the Z Holdings Group shall enhance the expertise and awareness of its officers and employees by conducting regular training programs on the subject.
Verification of compliance
The Z Holdings Group shall monitor the status of compliance with laws and regulations related to the prevention of Money Laundering, Etc., and the effectiveness of the measures taken, and strive to continuously improve the system based on the results of such monitoring.