The world economy would surely be better off were Japan to be able to make a decisive return to solid growth, but in the short term, forecasters seem to have little confidence that that will occur. Still, if Japan performs in future like the average of the past few years, a pick-up in growth in other countries will see better global conditions.
We assisted and coordinated in the establishment of the Financial Intelligence Office. Moreover, we approached the International Monetary Fund and received its technical assistance. The Asia Pacific Group on Money Laundering/Offshore Group of Banking Supervisors (APG/OGBS) conducted a second mutual evaluation on our AML/CFT systems.