Japan’s EOI partners are generally satisfied with the quality and the timeliness of
the EOI responses sent by Japan over the period 1 April 2014 to 31 March 2017.
Japan must monitor the application of the new definition of beneficial owner, which
applies to financial institutions since October 2016, when they conduct their customer
Japan’s legal framework is generally in line with the international standard, but
improvements are required to ensure the availability of beneficial ownership information
on all relevant entities and legal arrangements.