South Korea’s Financial Intelligence Unit (FIU) has put in place a work plan to strengthen the response to money laundering related to virtual assets and illegal private finance.
After encouraging financial sites to actively report suspicious transactions, the number of reports to FIU increased 49% compared to the previous year.
Free Trial
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day