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Transactions Regulated by Foreign Exchange and Foreign Trade Act

  The Foreign Exchange and Foreign Trade Act (Act No. 228 of 1949) (the “FEFTA”) requires banks and other prescribed financial institutions and funds transfer service providers to confirm, at the time of conducting foreign exchange transactions with you, that such transactions do not fall under the transactions regulated by the FEFTA.

  Accordingly, you must confirm and agree that your transactions using SBI Remit Co., Ltd’s international money transfer services do not fall under any of the following transactions regulated by the FEFTA (including any subsequent additions and amendments, etc. made thereto):　

 

  1. １．Transactions with persons that are subject to economic sanctions (for more details, please see the webpage of the Ministry of Finance below);
    List of Economic Sanctions and Persons Subject Thereto (available only in Japanese)
    It should be noted that, in addition to the persons shown in the above list, other entities (excluding those having their principal offices in Japan) are also subject to measures including asset freezing if 50% or more of their shares, etc. are directly owned by any of the following: (i) specified Russian or Belarusian entities, or specified entities of countries other than Russia and Belarus, that are designated as being subject to technology transfer restrictions; (ii) the Russian government, etc. and specified Russian banks that are designated as being subject to restrictions on the issuance, etc. of securities; and (iii) Russian or Belarusian entities that are subject to asset freezing (excluding the Central Bank of the Russian Federation).
  2. 2．Payments, etc. to residents of North Korea or corporations or entities substantially controlled by such residents;
  3. 3．Payments, etc. pertaining to transactions, etc. conducted for the purpose of aiding in activities that may contribute to North Korea’s nuclear-related plans, etc.;
  4. 4．Payments, etc. pertaining to transactions, etc. conducted for the purpose of contributing to Iran’s nuclear activities;
  5. 5．Import of goods whose origin or loading region is North Korea;
  6. 6．Intermediary trade of goods whose origin, loading region or destination is North Korea;
  7. 7．Capital transactions or financial services, etc. conducted for the purpose of aiding in activities that may contribute to North Korea’s nuclear-related plans, etc.;
  8. 8．Acquisition, etc. of shares or equity interests in companies engaging in business categories related to nuclear technology, etc., by persons related to Iran (e.g., the Iranian government, non-residents with Iranian nationality, or corporations, etc. incorporated under the laws and regulations of Iran) (including any acquisition falling under inward direct investment, etc., as well as transfer of the above shares or equity interests to any of the foregoing persons in cases not falling under inward direct investment, etc.);
  9. 9．Acquisition or transfer of securities issued by the Russian government, etc.;
  10. 10．Issuance or public offering of securities in Japan by the Russian government, etc. or specified Russian banks, etc., or service transactions for such issuance or public offering;
  11. 11．Provision of any technology related to export bans, to residents, etc. of Russia or Belarus;
  12. 12．Provision of technology to specified Russian or Belarusian entities;
  13. 13．Provision of technology to specified entities of countries other than Russia and Belarus;
  14. 14．Service transactions pertaining to trust businesses for residents, etc. of Russia, or trust agreements accepted from such residents, etc.;
  15. 15．Service transactions pertaining to accounting, auditing, management consultancy, architectural or engineering services for Russian corporations, etc.;
  16. 16．Outward direct investment pertaining to business conducted in Russia (including any payment from Japan to a foreign country that is made by a resident to allocate the same to the business activities conducted in Russia by any partnership or other entity that such resident jointly establishes with any other person);
  17. 17．Outward direct investment pertaining to business conducted in foreign countries by Russian corporations, etc. or corporations substantially controlled by Russian corporations, etc. (including any payment from Japan to a foreign country that is made by a resident to allocate the same to the business activities conducted in said foreign country by any partnership or other entity that such resident jointly establishes with a natural person residing in Russia, a Russian corporation, etc., or any corporation or other entity substantially controlled by any of the foregoing);
  18. 18．Loan or loan guarantee agreements related to the purchase or transportation of crude oil or petroleum products whose origin is Russia, transacted at prices above the price caps thereof;
  19. 19．Payments to be allocated to business activities of partnerships, etc. that are engaged in fishery, or the production of leather or leather products, arms or arms manufacturing equipment, or narcotics, etc.; and
  20. 20．In addition to the foregoing, all other transactions regulated by the FEFTA (for the latest information on the regulated transactions, please see the website of the Ministry of Finance below).
    Economic Sanctions and Procedures for Obtaining Necessary Permissions (available only in Japanese)

This translation is provided solely for your reference. If there is any discrepancy between the English translation and the Japanese original, the contents of the Japanese original shall prevail.

Effective as of 05/01/2025

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