South Korea2026.11.02TokenPost

Targeted Review of Virtual Asset Standards — FATF to Release Initial Results in June 2027

• FATF will conduct a targeted review of AML standard implementation for virtual assets and VASPs, focusing on jurisdictions with significant virtual asset business activity, using objective criteria such as countries' existing assessment status.
• Initial review results are due in June 2027, with additional results to follow in October 2027.
• Korea's FIU attended FATF's 35th-term first plenary in Paris (October 26–30, 2026; main sessions October 28–30) alongside the Ministry of Justice, Ministry of Foreign Affairs, Financial Supervisory Service, and Korea Institute of Finance.