Samil PwC said on the 31st that it will hold a seminar on the theme of "Direction of strengthening the anti-money laundering system and corporations' response strategies."
The event is scheduled to be held at 2 p.m. on May 8 at Amore Hall on the second floor of the headquarters in Yongsan-gu, Seoul.
Recently, money laundering and financial crime methods have been becoming more sophisticated. Accordingly, the anti-money laundering framework is emerging as a key factor that gauges corporations' governance and risk management capabilities, going beyond simple regulatory compliance.
In particular, with the fifth mutual evaluation by the Financial Action Task Force (FATF) approaching and the possibility of tighter supervision being raised, the need for corporations to respond preemptively is also growing.
This seminar was prepared to examine the mid- to long-term policy direction of the strengthening domestic anti-money laundering (AML) regime and to look at the characteristics of money laundering risks and response strategies by financial sector. In addition, it will discuss, focusing on global cases, plans to innovate anti-money laundering operations using technologies such as artificial intelligence (AI).
The seminar will consist of four sessions in total. In the first session, Jennifer Kang, a director at PwC U.S. Financial Crimes Unit, will assess the future direction of the domestic anti-money laundering regime based on global AML regulatory trends and key issues from the fifth FATF mutual evaluation, and present preemptive regulatory response measures from a practical perspective.
In the second session, Choi Dae-jin, a partner at Samil PwC's Financial Crimes Unit, will speak on the theme of "Industry-specific characteristics and strategies from a money laundering risk perspective," explaining risk management approaches and practical implications that span traditional financial sectors such as banking, securities, and insurance, as well as electronic finance and virtual assets.
In the third session, Kang will introduce, centering on plans to advance AML frameworks using new technologies such as AI, applicable technology use cases for immediate field adoption—such as suspicious transaction detection, customer risk assessment, and streamlining of monitoring—along with related regulatory and operational cautions.
In the final session, Choi will synthesize the earlier discussions and present the strategic direction for AML that domestic corporations should consider in the short term, including the introduction of a won-denominated stablecoin.
Lee Seung-ho, head of the financial sector at Samil PwC who planned the seminar, said, "The anti-money laundering regime has now become a key indicator that determines corporations' level of risk management and credibility, going beyond simple compliance," and added, "We hope this seminar will help corporations review what they need to prepare in practice amid the changing regulatory environment and establish more systematic response strategies."
Applications to attend the seminar can be made through the Samil PwC website, and attendance-related guidance will be provided individually only to those who pre-register.