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.
come won t be for a very, very long time. right. if there is a process that begins, a lot of experts believe that will take 10 to 15 years. kind of start from the halt part to then a roll back and then elimination of their nuclear program. but from the south korea perspective, the fact that these two guys are meeting at all is an important start. and engagement and diplomacy is the opposite of what we were seeing in the fall, which was u.s. military members having to prepare go bags and south korea being very concerned that actual military options were being considered and might take place. so the fact that this is happening is significant in and of itself, the debate about denuclearization is something we see a lot out of washington. i can say from this part of the world, there is a lot of cautious optimism that just talking is going to begin a process. there has been meetings running up to this. probably already working on the communique that will come out of