Preventing MoneyLaundering and Terrorist Financing
The history of the AML/CFT system in Korea started with establishment of The Korea Financial Intelligence Unit(KoFIU)
Customer Due Diligence (CDD)Suspicious Transaction Report (STR)Currency Transaction Report (CTR)
Implementation of the Anti-Terrorist Financing LawCriminalization of TerroristFinancing
Amid growing concerns About frequent money Laundering and terrorist financing Activities using cross-border Financial transaction.
KoFIU is actively expanding itsBilateral cooperative ties withForeign FIUs.
Joining the global anti-money laundering Efforts, The Korean Financial Intelligence Unit(KoFIU) was established.
The legislations most relevant to the Korean govemment's fight against money laundering and terrorist financing...
Financial TransationPermit Application Form Download