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S. Korea to Toughen Rules on Anti-Money Laundering

S. Korea to Toughen Rules on Anti-Money Laundering

SEOUL, Nov. 28 (Korea Bizwire) – South Korea said Monday it will step up efforts to close systemic loopholes in efforts to combat money laundering.  The government plans to revise related legislation to cover lawyers, accountants, realtors and other professionals in non-finance sectors, according to the initiative by the authorities.  Currently, only financial firms and [...]