The Archive · 1941

Japan's Assets Abroad Investigated

Holders of Funds in Other Countries Must, Report

Tokyo, Mar. 23.

The Government will, promulgate tomorrow. a decree ordering Japanese holders of funds abroad to report such holdings to.the Finance Minister under Article LI of the Foreign Exchange Control regulations.

Tt was understood that the step will be taken to investigate the amount of, Japanese funds which might be frozen by, foreign government action.

Tt was expected that the Finance "Ministry will use the reports to serve as material for taking suitable measures to meet such an eventuality.

The Government may attempt to have such assets abroad exchanged for material, through diplomatic negotiations, in order to prevent total loss, and may-algo take steps to indemnify losses, it) was, reported—Domel.

Text read from the printed page and cleaned; old type leaves the occasional error.

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