All posts tagged "ISMS"
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317FeatureKorea: Deadline for Crypto Exchanges to Register Arrives
Five crypto exchanges and one wallet provider have so far submitted their registration documents. Only Upbit has been formally approved by the FSC.
September 24, 2021 -
191AML / KYCKoFIU Notifies Foreign VASPs of Their Obligation to Register
Foreign VASPs that continue to target Korean customers after 24 September without registering with KoFIU will be subject to penalties in Korea.
July 23, 2021 -
225AML / KYCKorea Extends AML Compliance Deadline for Crypto Sector
The extension is primarily being allowed to ensure regulators can process applications received before the 24 September deadline.
June 21, 2021 -
1.4KAML / KYC
S. Korea Passes New Regulatory Framework for Crypto Sector
The 'Special Financial Information Law' authorises Korean financial regulators to oversee the crypto industry and develop AML rules in line with the FATF recommendations.
March 11, 2020 -
790Fintech / Regtech
Korea to Establish Legal Basis for Cryptocurrency Investment
A bill passed by the national policy committee will subject digital asset businesses to penalties for not meeting FATF standards in their oversight systems for preventing money laundering.
November 27, 2019
