Register my number in account information and manage financial institutions consider ing may 22 9:10
Over the My Number System, the government required financial institutions to register and manage my numbers in the account information of all deposits, and began considering using them to combat money laundering.
The government and the ruling party are aiming to introduce a system that allows the person who wants to register the account to be transferred to, and will establish a law that stores information of those who wish to receive a flat payment of 100,000 yen in cash so that they can be used in other benefits in the future.
The government subsequently began to consider requiring financial institutions to register and manage their my numbers in the account information of all deposits, and to use them for money laundering and counter-terrorism financing.
Specifically, financial institutions receive and manage my number from the account owner, and if there is a necessary inquiry, such as a case investigation, a proposal has been proposed to provide the necessary information.
The government is considering a mechanism to request the provision only when necessary, such as a case investigation, so that there is no concern that a comprehensive grasp of personal deposit information is available, and the account information is managed by financial institutions.
In addition, it is said that there is a merit also in the individual such as being able to confirm the account of the person who died at the time of inheritance without the passbook.
The government hopes to advance specific institutional design and submit amendments to the laws necessary for next year’s Regular Diet session.