"In the Era of Virtual Assets, Anti-Money Laundering Measures Must Be Further Strengthened"

Samil PwC Hosts Seminar on Strengthening AML Systems

As virtual assets become more widespread and cross-border financial crimes increase, there is a growing consensus that companies must strengthen their response to Anti-Money Laundering (AML).

On the 11th, Samil PwC announced that it had held a seminar titled “Direction of AML System Strengthening and Corporate Response Strategies” at its headquarters in Yongsan-gu, Seoul, on the 8th to discuss these issues.

In his opening remarks, Lee Seungho, Head of Financial Services at Samil PwC, emphasized that anti-money laundering is no longer an issue confined to certain financial sectors but has become a core concern for the entire financial ecosystem alongside the proliferation of digital assets. With the 5th Mutual Evaluation by the Financial Action Task Force (FATF) scheduled for Korea in 2028 and further AML system enhancements anticipated, it is becoming increasingly necessary for companies to establish substantive risk management frameworks that go beyond mere regulatory compliance.

Lee stated, “The strengthening of regulations does not simply mean the expansion of rules, but rather that we have entered a stage where it will be thoroughly verified how well each company truly understands and manages money laundering risks.” He added, “With the emergence of digital assets—including discussions on the introduction of a won-based stablecoin—and new transaction structures, risks that are difficult to explain using existing standards are on the rise. Therefore, companies must build practical response systems that meet the expectations of supervisory authorities, going beyond formal regulatory compliance.”

The seminar consisted of four sessions: ▲Global AML trends and the direction of domestic system enhancements ▲Characteristics of and response strategies for money laundering risks by sector ▲Overseas AI-based AML innovation cases ▲Short-term tasks for companies to respond to market changes.

Seo Jeongryeol, Partner in the Financial Services Division at Samil PwC and planner of the seminar, remarked, “While companies are feeling a significant regulatory burden ahead of the FATF’s 5th mutual evaluation, this is also an opportunity to further mature risk management systems.” He continued, “Based on our deep understanding of the financial industry and expertise within our global network, Samil PwC will continue to support companies not only in regulatory compliance but also in strengthening their risk management competitiveness.”

On the 8th, Lee Seungho, Head of the Financial Services at Samil PwC, spoke at the seminar "Directions for Strengthening Anti-Money Laundering (AML) Systems and Corporate Response Strategies" held at Amore Hall in the Samil PwC headquarters, Yongsan-gu, Seoul. Samil PwC

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