Shinhan Bank and Bankers Association Hold Anti-Money Laundering Training Seminar

Advanced Cases of Suspicious Transaction Reporting Using Digital New Technologies
Sharing the US Anti-Money Laundering Framework

[Asia Economy Reporter Kangwook Cho] Shinhan Bank announced on the 17th that it will hold an anti-money laundering (AML) training seminar for AML practitioners in the banking sector in collaboration with the Korea Federation of Banks.

This seminar aims to share cases of advanced AML operations using AI and global standards for AML systems, as well as to strengthen networking among banking sector practitioners.

The main topics of the seminar include ▲Advancement of STR (Suspicious Transaction Report) risk assessment models using AI (machine learning) ▲Improvement of work process efficiency using RPA (Robotic Process Automation) ▲Introduction to the U.S. AML framework ▲Trends related to global AML.

A Shinhan Bank official stated, "Starting with this seminar, we hope that the sharing of best practices related to AML work among banks will become more active, and that communication channels will continue to provide opportunities to achieve the common goal of globalizing AML operations."

This content was produced with the assistance of AI translation services.