Ministry of Economy and Finance (South Korea)

Panama officially removed from FATF grey list

Retrieved on: 
Friday, October 27, 2023
Financial Action Task Force blacklist, Republic, Foreign Affairs, Pressure, Ministry of Economy and Finance (South Korea), Insurance, Terrorism, Financial Action Task Force, Economic development, FATF, PANAMA, Ministry, Tourism, Cryptocurrency, Online shopping, Canal

PANAMA CITY, Oct. 27, 2023 /PRNewswire/ -- In a momentous decision with positive implications for the international financial community and Panamanian economy, the Financial Action Task Force (FATF) today excluded Panama from its grey list. This announcement comes following an FATF plenary meeting, held in Paris, France, in which it was determined that the Republic of Panama has strengthened its anti-money laundering and counter-terrorist financing prevention system and implemented substantial regulations and actions that have allowed the country to take an important step forward in international transparency.

Key Points: 
  • PANAMA CITY, Oct. 27, 2023 /PRNewswire/ -- In a momentous decision with positive implications for the international financial community and Panamanian economy, the Financial Action Task Force (FATF) today excluded Panama from its grey list.
  • Today, these substantial efforts have been recognized by the international community with the successful removal of Panama from the FATF grey list, an endeavor many years in the making."
  • Panama's removal from the FATF grey list represents a crucial milestone in the country's economic development.
  • Minister Tewaney further commented on the future implications of the decision for Panama, stating:
    "Panama's removal from the grey list solidifies Panama as an attractive, stable and safe destination for foreign investment.

Panama officially removed from FATF grey list

Retrieved on: 
Friday, October 27, 2023
Insurance, Terrorism, FATF, Pressure, Ministry of Economy and Finance (South Korea), PANAMA, Ministry, Justice, Republic, Ministry of Foreign Affairs, Financial Action Task Force, Foreign Affairs, Economic development, Financial Action Task Force blacklist, Tourism, Department of Justice (Hong Kong), Cryptocurrency, Online shopping, Canal

PANAMA CITY, Oct. 27, 2023 /PRNewswire/ -- In a momentous decision with positive implications for the international financial community and Panamanian economy, the Financial Action Task Force (FATF) today excluded Panama from its grey list. This announcement comes following an FATF plenary meeting, held in Paris, France, in which it was determined that the Republic of Panama has strengthened its anti-money laundering and counter-terrorist financing prevention system and implemented substantial regulations and actions that have allowed the country to take an important step forward in international transparency.

Key Points: 
  • PANAMA CITY, Oct. 27, 2023 /PRNewswire/ -- In a momentous decision with positive implications for the international financial community and Panamanian economy, the Financial Action Task Force (FATF) today excluded Panama from its grey list.
  • Today, these substantial efforts have been recognized by the international community with the successful removal of Panama from the FATF grey list, an endeavor many years in the making."
  • Panama's removal from the FATF grey list represents a crucial milestone in the country's economic development.
  • Minister Tewaney further commented on the future implications of the decision for Panama, stating:
    "Panama's removal from the grey list solidifies Panama as an attractive, stable and safe destination for foreign investment.

Genians Attending Korea-LAC Innovation & Trade Forum 2023

Retrieved on: 
Tuesday, October 17, 2023
Software, Technology, Networks, Security, Government, Inter-American Development Bank, Digital, Hana Bank, Society, Ministry, Exim Bank, KEXIM, Public sector, KOTRA, Ministry of Economy and Finance (South Korea), IDB, MOEF, Face

During the event, Genians’ Co-founder/CTO, Kyeyeon Kim will join the session “Securing the Digital World: Protecting Businesses and Society in Korea and Latin America & the Caribbean” as a panelist.

Key Points: 
  • During the event, Genians’ Co-founder/CTO, Kyeyeon Kim will join the session “Securing the Digital World: Protecting Businesses and Society in Korea and Latin America & the Caribbean” as a panelist.
  • Kyeyeon, a pioneer of the IT security industry in South Korea, will share his insights into the most effective ways to fortify IT security systems, reduce risks, and enhance responsive strategies in the face of cyber threats based on his successful cybersecurity career over two decades.
  • Also, since Genians has many customers in the government and public sector in South Korea, Kyeyeon will share his experiences to highlight the critical role of public-private partnerships in shaping and advancing cybersecurity policies and initiatives, emphasizing the profound impact of cross-border collaborations in the unceasing battle against cybercrime.
  • To learn more about this event, please visit https://korea-lac.com/