In a move to raise the local banking sector s anti-money laundering capabilities and global networks, the Financial Supervisory Service (FSS) participated in a symposium hosted by the U.S. Department of State on Wednesday morning Korea time, along with 20 other local lenders. Titled “Navigating International Sanctions Regimes for Public and Private Sector Stakeholders Symposium: South Korea Perspective,” the event was part of the U.S. government s global project to strengthen cooperation among allies in the realm of transnational financial crime, which are often employed to evade international sanctions.