RESTRICTED
RESTRICTED
FM HONG KONG
TO ROUTINE TOKYO
TELNO 4
OF 25050OZ FEBRUARY 91
INFO ROUTINE F CO
་
AMENDED LEAD DEPT 261OOOZ
HKC385/1
2 7 FEB 1991
DESK OFFICE.
INDEX
To replace file copy
Виног
102310
MDLIAN 1223
16
TOKYO FOR POWELL
}
JAPANESE MONEY-LAUNDERING/ASSET CONFISCATION LEGISLATION
1.
AT THE FINANCIAL ACTION TASK FORCE (FATF) MEETING IN PARIS ON 19 FEB 91 ONE OF THE JAPANESE REPRESENTATIVES, MISS MIE MURAZUMI OF ECONOMIC AFFAIRS BUREAU, MFA, STATED THAT LEGISLATION TO IMPLEMENT THE FATF RECOMMENDATIONS WOULD BE PRESENTED TO THE DIET THIS YEAR.
2.
JAPAN IS A PRIORITY JURISDICTION FOR DESIGNATION UNDER THE HK DRUG TRAFFICKING (RECOVERY OF PROCEEDS) ORDINANCE, AND FOR CONCLUSION OF AN AGREEMENT IN REGARD TO MUTUAL ASSISTANCE IN THE INVESTIGATION, PROSECUTION AND CONFISCATION OF THE PROCEEDS OF DRUG TRAFFICKING. FOR THIS PROCESS WE NEED TO BE ASSURED OF RECIPROCITY.
3.
WE SHOULD BE GRATEFUL IF YOU COULD ASCERTAIN THE LIKELY TIMEFRAME FOR THE JAPANESE LEGISLATIVE EXERCISE, AND IF POSSIBLE OBTAIN FOR US A COPY OF THE BILL AND ANY ACCOMPANYING EXPLANATORY MATERIAL. AN ENGLISH LANGUAGE VERSION WOULD BE HELPFUL, BUT IF NECESSARY TRANSLATION CAN BE CARRIED OUT HERE.
WILSON
YYYY
DISTRIBUTION
66
ΜΑΙΝ
LIMITED
66
ERD
ESAU
NCAD
FED
HKD
PAGE
PS/MR LENNOX-BOYD PS/LORD CAITHNESS PS/PUS
MR BAYNE
MR MCLAREN
MR SLATER
1
RESTRICTED