This update concerns counter-terrorism financing sanctions and asset freezing designations, which falls outside the FS Products & Services taxonomy scope focused on banking, investment, lending, and digital asset products.
While financial institutions must comply with the designations, the update is fundamentally about sanctions administration and AML/CFT compliance rather than any specific financial product or service offering.
Specialism
The update directly addresses asset freezing obligations and screening requirements for designated terrorist entities under UN Security Council resolutions, which are core sanctions regulatory obligations.
Mandatory inheritance: Sanctions is a child of Financial Crime, so Financial Crime must be raised as the secondary tag.
TITLE: Japan Designates Additional International Terrorist Entities Under United Nations Security Council Resolutions
BODY:
On the date of this Official Gazette publication, Japan announced changes to its designations of international terrorist entities under the Special Measures Law Concerning the Freezing of Assets and Other Measures Implemented by Japan Based on United Nations Security Council Resolution 1267 and Related Resolutions.
The National Public Safety Commission (NPA) issued a public notice (NPA Notice 22) regarding modifications to the list of designated international terrorists subject to asset freezing and related measures. Simultaneously, the Ministry of Foreign Affairs (MOFA) issued a notice (MOFA Notice 178) amending the designation of Taliban-related individuals and entities subject to asset freezing measures pursuant to United Nations Security Council resolutions.
These designations implement Japan's obligations under United Nations Security Council Resolution 1267 and subsequent related resolutions, which establish a framework for international sanctions against designated terrorist entities and individuals. The amendments reflect updates to the list of persons and entities subject to financial restrictions, including asset freezing, in accordance with international counter-terrorism financing standards. The changes apply to all financial institutions and relevant entities operating in Japan, which must ensure compliance with the updated designations to prevent transactions involving designated individuals and organisations.
The updated designations are effective immediately upon publication in the Official Gazette and supersede previous listings. Financial institutions and other regulated entities must implement the necessary compliance measures to ensure no assets or funds are made available to the newly designated or modified entries.
REFERENCES:
Official Gazette (官報) - National Printing Bureau, Japan