TNAG-2342-FCO40-3406-Drug-trafficking-agreements-between-Hong-Kong-and-other-coun-1991 — Page 65

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

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