Yoon & Yang LLC said on the 23rd that it has hired talent in the financial regulation and anti-money laundering (AML) fields from the Financial Supervisory Service and an accounting firm.
Former Financial Supervisory Service Anti-Money Laundering Department head Park Sang-hyeon was brought on at Yoon & Yang as an advisor. Park worked at the Financial Supervisory Service for 30 years, designing and executing policies in the anti-money laundering field. In 2023, while serving as head of the Anti-Money Laundering Department, Park oversaw AML-related law enactment and revision, policy making, and inspections of financial institutions.
Experts who have long provided compliance consulting to domestic and overseas financial companies joined from Deloitte Touche Tohmatsu Limited (DTTL) Anjin LLC.
Yoon & Yang senior specialist Jeong Min-gang worked for 15 years at Deloitte Touche Tohmatsu Limited (DTTL) in the United States and in Korea, handling anti-money laundering and internal control consulting. Jeong has strengths in financial compliance consulting, including establishing countering the financing of terrorism (CFT) and financial sanctions frameworks for domestic and overseas financial institutions, and improving and validating internal control systems.
Senior consultant Park Hyeong-jin worked for 10 years at Samjong KPMG and Deloitte Touche Tohmatsu Limited (DTTL) Anjin. Park has provided consulting related to trade-based money laundering for domestic and overseas financial institutions and advisory services on countering the financing of terrorism for financial institutions.
Senior consultant Park Ji-su has broad advisory experience in financial regulation and IT expertise capable of carrying out the entire process from system analysis and design to implementation using extensive data from financial companies.
Principal consultant Ha Hyeo-myeong, who comes from Deloitte Touche Tohmatsu Limited (DTTL) in the United States, is proficient in data-driven internal control system analysis for domestic and overseas financial institutions and advising on advancing anti-money laundering models.
Consultant Jang I-gyeong has provided advisory services related to compliance with financial regulatory requirements, including anti-money laundering, the automatic exchange of financial account information (FATCA/CRS), and the introduction of responsibility structure charts.
Along with hiring six experts, Yoon & Yang launched the "AML/Internal Control Solution Center." A Yoon & Yang representative said, "With this recruitment, we have completed a 'full lineup' that perfectly covers every stage of financial compliance."
Yoon & Yang managing partner Lee Myeong-su said, "The AML/Internal Control Solution Center will provide practical internal control guidelines that can be applied immediately in the field so that financial companies can focus on their core business in an environment free from legal risk."