Korbit Conducts Anti-Money Laundering Training for All Employees

Korbit, a domestic virtual asset exchange, announced on the 28th that it conducted practical training on Anti-Money Laundering (AML) for all employees.

The training covered topics tailored to virtual asset operators, such as risk control measures related to virtual asset deposits and withdrawals, Know Your Customer (KYC) procedures for corporate clients, and the Suspicious Transaction Report (STR) system. The training content was directly planned by Korbit's dedicated AML team. A Korbit representative explained, "The training was designed as a customized, practical-focused program that can be immediately applied in the field."

To enhance the effectiveness of the training, the AML team included recent trends in domestic and international regulations and analysis of major violation cases in the content. Korbit stated, "After the training, we conducted an understanding assessment for all employees to check the learning effect," adding, "We have also established a system to assess the understanding of AML by department."

Korbit plans to continuously strengthen its AML capabilities. Korbit CEO Oh Se-jin stated, "As corporate participation in the virtual asset market becomes more active, the importance of implementing internal controls is increasing," adding, "We will continue to educate all employees to accurately understand and practice relevant laws and guidelines."

CEO Oh emphasized, "AML is not the responsibility of a specific department but a fundamental duty and responsibility at the corporate level," adding, "We will continue to do our best to operate a transparent and responsible exchange based on company-wide AML capabilities."