Deloitte Korea Group and iM Bank Sign MOU for New Digital Asset Business Cooperation

"Responding to the Expansion of Digital Asset Services in the Financial Sector"
Combining Expertise in Regulatory Compliance, Internal Controls, Accounting, and Taxation

On September 11, Deloitte Korea Group announced that it had signed a "Strategic Business Agreement (MOU) for New Digital Asset Business Cooperation" with iM Bank the previous day at the iM Financial Center in Jung-gu, Seoul. The signing ceremony was attended by Jongseong Hong, Global CEO of Deloitte Korea Group, Junghoon Kang, Vice President of iM Bank, and other key representatives from both companies.

Jongseong Hong, Global CEO of Deloitte Korea Group (left), and Junghoon Kang, Vice President of iM Bank, are signing a "Strategic Business Agreement (MOU) for New Digital Asset Business Cooperation" on the 10th at the iM Financial Center in Jung-gu, Seoul. Deloitte Korea Group

For financial institutions to establish stable and competitive business models, collaboration with expert partners is essential in areas such as regulatory compliance, internal controls, accounting and tax systems, and overall risk management. iM Bank is actively advancing its digital asset services and infrastructure, quickly expanding its influence in the market. Deloitte Korea Group, leveraging its global network and extensive experience in accounting, tax, and risk management, has been providing multifaceted support for financial institutions’ digital asset strategies, making this partnership particularly significant.

Through this collaboration, both parties plan to: create joint benefits in the digital asset sector; share information and resources to respond to changes in domestic and international regulatory environments; seek new business opportunities by utilizing their respective capabilities and networks; and hold regular consultations to maintain a continuous cooperative relationship.

Deloitte Korea Group aims to establish reliable internal control and accounting and tax management systems required for the financial sector’s entry into digital assets through this partnership, and will actively pursue new business opportunities by leveraging its global cooperation network.

Jongseong Hong, Global CEO, stated, "As the expansion of digital asset services in the financial sector accelerates, it is highly meaningful for both companies to strengthen their regulatory response capabilities and discover reliable business models together. Deloitte Korea Group will lead innovation in the financial industry together with iM Bank, based on our global expertise and experience."

Junghoon Kang, Vice President, said, "This agreement marks an important milestone for us to take a leap forward in the digital asset sector. Through our partnership with Deloitte Korea Group, we will provide differentiated financial services and enhance our competitiveness in the market."

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