Sentences with phrase «korea financial intelligence unit»
According to a Jan. 8 statement, the Korea Financial Intelligence Unit and the Financial Supervisory Service want to know whether the banks — which offer accounts for cryptocurrency trading — are properly complying with anti-money laundering and customer identification rules.
http://links2exchange.net/
A prosecutor was quoted saying: «The firms turned up on our radar in January during our investigation of suspicious money transfers between Bitcoin exchanges that were detected during an audit by the Financial Services Commission and the Korea Financial Intelligence Unit.»
«Korea Financial Intelligence Unit announced that financial companies are in the process of drawing up a guideline to prevent cryptocurrency - related money laundering, although any specific measures are yet to be confirmed,» said South Korea's Financial Services Commission.
South Korean financial authorities in cooperation with Korea Financial Intelligence Unit (KFIU) created a task force to oversee cryptocurrency exchanges and to ensure cryptocurrency businesses are compliant with existing regulations, authorities announced on Jan. 25.
«Korea Financial Intelligence Unit announced that financial companies are in the process of drawing up a guideline to prevent cryptocurrency - related money laundering, although any specific measures are yet to be confirmed.»
In other words, the country's Financial Services Commission (FSC), Financial Supervisory Service (FSS) and the Korea Financial Intelligence Unit (KoFIU) want to make sure that cryptocurrency investment and trading comes under the umbrella of traditional financial structures, rather than remaining on a decentralized, anonymized platform which prompted the growth of Bitcoin.
A prosecutor was quoted saying: «The firms turned up on our radar in January during our investigation of suspicious money transfers between Bitcoin exchanges that were detected during an audit by the Financial Services Commission and the Korea Financial Intelligence Unit.»
«Korea Financial Intelligence Unit announced that financial companies are in the process of drawing up a guideline to prevent cryptocurrency - related money laundering, although any specific measures are yet to be confirmed,»
Not exact matches
Earlier this month, Korea's Financial Intelligence Unit (KoFIU) and Financial Supervisory Service (FSS) began carrying out joint inspections on six commercial banks offering trading accounts to cryptocurrency exchanges.
Last week, South Korea's Financial Intelligence Unit (KoFIU) and Financial Supervisory Service (FSS) began carrying out joint inspections on six commercial banks offering trading accounts to cryptocurrency exchanges.
Earlier this week, Korea's Financial Intelligence Unit (KoFIU) and Financial Supervisory Service (FSS) began carrying out joint inspections on six commercial banks offering trading accounts to cryptocurrency exchanges.
The New York State Department of Financial Services (NYDFS) has asked South Korea's Financial Supervisory Service (FSS) and Financial Intelligence Unit (FIU) to share the data obtained from their inspections of six major Korean banks, local media report.