Regulatory Alerts2018-09-21
Amendments Proposed to the Enforcement Decree of the Act on Reporting and Use of Certain Financial Transaction Information
The Financial Services Commission proposed amendments to the Enforcement Decree of the Act on Reporting and Use of Certain Financial Transaction Information. These revisions align domestic reporting requirements with international anti-money laundering standards set by the Financial Action Task Force. The updated decree strengthens regulatory consistency and streamlines compliance for financial institutions.
Amendments Proposed to the Enforcement Decree of the Act on Reporting and Use of Certain Financial Transaction Information
Date
2018-09-21
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Amendments Proposed to the Enforcement Decree of the Act on Reporting and Use of Certain Financial Transaction Information_.pdf (fileSize: 146KB)
The Financial Services Commission proposed amendments to the Enforcement Decree of the Act on Reporting and Use of Certain Financial Transaction Information in order to improve consistency with international anti-money laundering (AML) standards set forth by the Financial Action Task Force.
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An Amendment Proposed to the Enforcement Decree of the Asset-Backed Securitization Act
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Amendments Proposed to the Regulation on Supervision of Electronic Financial Transactions
Department/Division in charge of Information management
Department/Division In charge
International Affairs Department(Financial Hub Korea) International Cooperation Team
Phone Number
+82-2-3145-7895