South Korea's FIU chief to join FATF steering committee
- —FIU chief Lee Hyung-joo to represent Korea at FATF steering committee on Oct 24
- —FATF plenary session scheduled for Oct 28–30
- —Korea to join discussions on the agenda and decision-making
- —Findings to be shared with Korea's customs, tax and investigative agencies
Why it matters: A seat at the FATF steering committee strengthens Korea's influence over global AML/CFT rules, including requirements for crypto exchanges.
Source: TokenPost