KoFIU, Tajikistani counterpart agree on anti-money laundering cooperation
The Korea Financial Intelligence Unit (KoFIU) and its Tajikistani counterpart signed a memorandum of understanding on financial information exchanges to combat money laundering activities, the country's financial regulator said Friday. KoFIU and its Tajikistani counterpart, the Financial Monitoring Department under the National Bank of Tajikistan, agreed to bolster cooperation to counter money…
The Korea Financial Intelligence Unit (KoFIU) and its Tajikistani counterpart have signed a memorandum of understanding to enhance cooperation in combating money laundering activities, according to the Financial Services Commission (FSC) in South Korea. The agreement aims to bolster financial information exchanges between the two agencies, with the goal of detecting and analyzing suspicious capital flows to support anti-money laundering efforts.
KoFIU, which falls under the FSC's purview, is responsible for countering money laundering, terrorism financing, and other illicit financial activities in South Korea.
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