The Japanese Yen JPY is one of the world’s most traded currencies. Investors value it as a safe-haven during global uncertainty, which affects the JPY exchange rate.
Why is the Yen considered a safe-haven currency?
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ASIC regulated
Like all reputable money exchanges, we are registered with AUSTRAC and regulated by the Australian Securities and Investment Commission (ASIC).
S Money complies with the relevant laws pertaining to privacy, anti-money laundering and counter-terrorism finance. This means you are required to provide I.D. when you place an order. It also means the order must be paid for by the same person ordering the currency and you must show your identification again when receiving your order.
