South Korea FIU requires 44 proof items from registered crypto firms

By: www.etoday.co.kr|2026/09/06 22:21:44

South Korea’s Financial Intelligence Unit (FIU) is verifying the business management and legal compliance systems of registered virtual asset service providers (VASPs). The FIU has mandated the submission of 44 key review items, which include financial status, social credibility, major shareholders' eligibility, organization, personnel, IT infrastructure, internal controls, and legal compliance systems. Registered operators must complete supplementary filings by Nov. 20 and undergo a review based on strengthened standards. The review items consist of 17 items related to organization, personnel, IT infrastructure, and internal controls, and 27 items concerning legal compliance systems. The organizational and personnel items include three staffing items, two organizational items, 10 IT infrastructure items, and two internal control items. The legal compliance category encompasses 15 anti-money laundering items, eight items under the Virtual Asset User Protection Act, and four other user protection items. This status sheet follows the revised Special Financial Transactions Information Act rules that took effect on Aug. 20.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

Cypherpunk Denies Issuance of ZEC Ticker Token

Cypherpunk Technologies has denied any association with the ZEC ticker token traded on Robinhood Chain. The company stated that it only holds native Zcash (ZEC) and has never issued its own token.

TokenPost Builds Korean Crypto Wiki: "Creating Information Needed for the Korean Crypto Industry"

As the virtual asset industry becomes institutionalized and the number of investors participating in the market increases, the importance of an information infrastructure that accurately understands the domestic crypto industry is also growing. The existing crypto market lacks a Korean-language know...

VTB Prepares for Cryptocurrency Trading in Russia: Bank Awaits Regulatory Approvals

Cryptocurrency trading in Russia may receive a new boost: VTB is preparing to launch operations with digital assets in the Russian market as soon as the regulator finalizes the rules and begins issuing necessary permits to participants. The bank's preparations were discussed by VTB board member and ...

Reviews of awx pro: what the crypto exchange offers, how trading works, and where the risks arise

Reviews of awx pro appear contradictory: the platform provides access to spot trades, cryptocurrency exchanges, and P2P operations, but there are lingering questions about transparency, support, and fund withdrawals. We analyze how Awx Pro works, what fees are stated, what tools are available to cli...

Middle East Tensions and U.S. Interest Rates Impact Global Markets

WEEX P2P now supports VES—Merchant Recruitment Now Open

To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Venezuelan Bolívar (VES) is now available on WEEX P2P!
...

Contents

Latest articles

More

Latest coin listings on WEEX

iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com