I will continue. I'll go to number 24. Corporate transparency and beneficial owners. On page 45, in the first line, measures must be taken to prevent the corporation from being abused . The line below must ensure that information can be promptly obtained or accessed by the competent authorities . In addition, the corporation must not be allowed to issue new bearer shares or bearer subscription rights, and must take measures to prevent the misuse of existing bearer shares and bearer subscription rights. It is set up like this. Basically, in the case of a corporation, it is not the corporation itself that is important, but the actual owner . We need to properly identify the situation because there could be terrorists or PPs. As a result, we need to focus on information. So that is how it comes out now. And in the case of bearer stocks, since it is impossible to know who holds them, do not trade with such issued bearer stocks. It works out like this. Number 25, Transparency of legal relationships and beneficial owners—this refers to legal relationships, not corporations . Trusts and things like that are included in there. Ultimately, the details are similar to corporate transparency and actual owners in number 24 . However, since it is a trust, it is not simply a matter of the actual owner; it involves the grantor, trustee, and beneficiary . So, if you ask who is subject to CDD regarding the trust, it applies to everyone. Settlor, Trustee, Beneficiary. Appropriate and accurate up-to-date information regarding the trust must be obtained or accessed by the competent authority in a timely manner . Based on such provisions, the U.S. and Europe, among others, all establish central registers. It concentrates the actual users of the company into that government agency. Moving on. No. 26 Regulation and supervision of financial companies. Second line: Necessary legal and regulatory measures must be taken to prevent criminals or their associates from owning shares or controlling shares that can exert significant influence over a financial company, becoming actual owners, or holding management rights . It is a measure to prevent the criminal or related party from becoming the actual owner. Finally, each country must not allow the establishment or operation of shell banks . These shell banks keep appearing, and shell companies themselves are also dangerous. It should be treated as high-grade inflammation . You shouldn't allow fake banks at all . Shell banks must not be allowed to operate. Please keep this in mind . Next, I'll go to number 27. The supervisory body with authority over the inspector must have appropriate authority to supervise or monitor and verify this. Then, on the line below, you must have the authority to request information from financial companies and to impose sanctions if they do not comply with the requests . Next, let's look at page 47 of the DNFBP's Regulation and Supervision. Casinos are subject to comprehensive regulation and supervision. I explained that this casino is dangerous. Let me take a look at that blue box for a moment. Casinos must obtain a license. Next, measures must be taken to prevent criminals or their associates from becoming the actual owner, or from acquiring management rights or becoming operators of the casino . This is similar to the content mentioned earlier. Authorities must effectively supervise whether casinos comply with AMLCF obligations . There is additional explanation regarding the casino. Next, you must verify compliance with B other DNFBP AML CFT obligations. I'll move on. No. 29 FIU. FIU is important. It is very important. Not only here, but the FI-related content that follows is also all important. And now, three things come out. Please keep in mind that data collection and analysis are provided. So, according to the law, they collect STR information by receiving it from reporting agencies—that is, from financial companies, etc. And they conduct their own analysis and provide the data, but they provide it to law enforcement agencies . The order is all set . Receive it, analyze it, and give it back. Provides collection and analysis. In addition, you must be able to obtain additional information from the reporting agencies below . In the case of banks, they send START data to the Financial Intelligence Unit, and if additional information is needed, they can always request more. That's what I'm talking about. Next, regarding the responsibility of law enforcement agencies and investigative authorities in item 30, the designated law enforcement authority moves on to the next step. Page 48, first line: Must be held responsible for the investigation . The following must include cases where the first implicated prerequisite crime was committed outside of the country's jurisdiction . Measures to confirm, presume, freeze, and seize should be taken promptly. No. 31, the first line regarding the authority of law enforcement agencies and investigative authorities, states that during an investigation, the competent authority must have access to all documents and information necessary to carry out the investigation, prosecution, and related measures . You should make full use of a wide range of rhetorical techniques in the second line of the following paragraph . There are various types listed . Go to the next page. In the first line, each country must also have a procedure that allows the competent authority to verify assets without prior notice to the owner . And the competent authority below must be able to request all relevant information held by FI . No. 32 Management of cash carrying in and out. In the second line, measures must be established to detect the physical cross-border transfer of cash and bearer means of payment . Oh, it's at the end of the paragraph below. Measures for confiscation must be applied in cases involving the underlying crime . You can view it that way. Next, statistics number 34. You can just gloss over it. Comprehensive statistics must be compiled for these matters . I'll move on. On page 50, Recommendation No. 34 guidelines and feedback guidelines must be established, and feedback must be provided . Second line of sanctions No. 35. Extensive sanctions must be prepared on the line below in case of non-compliance with mandatory requirements . It should also be possible to impose it on senior management-level personnel in the line below . Next, starting from number 36, it is international cooperation. From number 36 to 40 in a row. The first 36 must now take immediate action to implement the second line here . On the next page, Recommendation No. 37 states that international judicial cooperation is important. It is a good idea to watch all of number 37. I'll take a look over there . In the second line, the broadest possible judicial cooperation must be provided promptly, constructively, and effectively . It's down there. In particular, please read each country from A to E several times. This will be on the test. It is confusing if it comes up on the test . No. A judicial assistance shall not be prohibited or subject to unreasonable or unfair restrictive conditions . yes. The point is that prohibition is prohibited . No. 2. You must have clear and efficient procedures with priorities. A formal mechanism must be used. Next, number C. A request for judicial assistance should not be refused solely on the grounds that the criminal activity is believed to be related to financial matters . A request for judicial assistance must not be refused on the grounds of a criminal legal obligation to maintain secrecy or confidentiality. No. 2 Confidentiality must be maintained in accordance with the fundamental principles of domestic law . If the country requested for cooperation is unable to maintain confidentiality, it must immediately disclose the affairs of the country requesting cooperation. Numbers C and D can be confusing . Even if it involves financial issues, it has to be done . Next, you shouldn't refuse on the grounds of a legal obligation to maintain secrecy or confidentiality . It can be confusing like this. You need to keep that in mind . Then, below is mutual punishability. This is also appearing on the exam as a Dango . Judicial assistance must be provided even if the requirements for mutual culpability are not met. I'll keep watching. Each country should consider adopting such provisions to provide broad judicial assistance even in cases where the requirement of mutual culpability is not limited . In cases where mutual punishability is required for judicial cooperation, if both countries outlaw the act presupposing the relevant crime, the requirement for mutual punishability for judicial cooperation should be deemed satisfied, regardless of whether both countries classify the relevant criminal act as the same type of crime or refer to it using the same term. The point is that even if there is a difference, if it is being made illegal, the requirement of contradiction is considered to be satisfied . I'll move on. On the next page, 6, in the middle of the second paragraph on page 52, in order to avoid conflicts of jurisdiction, in cases where a case is subject to prosecution in two or more countries, a plan to design and apply a mechanism to determine the most appropriate country to prosecute the defendant for the realization of justice must be considered. Please take a look at that place as well. Next, I'll go to number 38. The freezing and water of the International Judicial Princess. Paragraph below. Except in cases where it is inconsistent with the fundamental principles of domestic law, it must be able to respond to requests based on procedural proceedings and related provisional measures on the basis of pre-indictment forfeiture . There was another pre-indictment forfeiture. Page 33 was mentioned earlier, right? Anyway, it also appeared on the pre-indictment forfeiture exam . It is highly likely to come out in the future . Next, I'll go to number 39. Extradition of criminals. You must remember number 39 as well. I am a regular at the reporting exam. Let's look at the first paragraph. Requests for extradition must be implemented constructively and effectively without excessive delay . In the following paragraph, all possible measures must be taken to ensure that no shelter is provided to the individual accused . There are A, B, C, and D. Money laundering and terrorist financing must be defined in A as crimes subject to extradition . Well, there must be an efficient procedure management system, and there should n't be any unfair conditions. Next, there must be an appropriate legal framework for extradition . There are such details. In the next paragraph, each country must repatriate its citizens. In the case of a country that does not extradite criminals based on the State Affairs Commission, the case must be transferred to its competent authority. Therefore, countries that do not extradite criminals due to nationality refer them to their own competent authorities . That's what I'm talking about. Below that, it states cases where mutual culpability is required for the extradition of a criminal. If both countries outlaw the act presupposing the crime in question, the requirement of mutual punishability for judicial cooperation should be deemed satisfied . The important thing now is whether both countries classify the crime in question as a crime. That is the crucial point. I'll move on. On the first line of page 54, each country is permitted to directly deliver requests for emergency extradition, detention, or arrest in accordance with the basic principles of its domestic law . And in the last line, a procedure for the extradition of prisoner-carried criminals must be established . That's enough. Other international cooperation at the last, number 40. Second line: Extensive international cooperation must be carried out voluntarily or at the request of the other party. And there must be a legal basis. There are two things. It is natural when there is a request from the other party, whether voluntarily or at their request, but voluntary requests are also important. yes. There are also two things that come out exactly the same over there. Reporting STR . So, providing that ST-related information to law enforcement agencies can be done voluntarily, or the Financial Department analyst can provide it when requested by the agency . It appears again later. Page 55 contains an explanation of the FATF evaluation methodology, mainly covering the 4th round . Since it is the most recent one, the explanation for the 4th round basically focuses on technical evaluation and effectiveness evaluation. You need to memorize the technical evaluation and effectiveness evaluation. It also appears repeatedly . In the fourth round of mutual evaluation, a mutually complementary approach was adopted to evaluate the technical implementation of each recommendation while simultaneously evaluating the effectiveness of the implementation system . The first technical evaluation comes out. The technical evaluation focuses on how well the 40 FATF recommendations are reflected in each country's laws . The technical implementation elements of the evaluation methodology in the second line refer to the implementation measures for the specific requirements of the FATF recommendations. So, there are things like the system of laws and coercive measures, the existence of competent authorities , and the authority and procedures for exercising it . Below that, the main and evaluation methodologies are listed for each recommendation. You just looked through the details of recommendations 1 through 40 earlier, right? It is presented very simply here. The explanations are very brief. If you actually look at the FATF recommendations, there are 40 brief items listed, followed by a long series of additional explanations. I am explaining those details to you right now . It's the annotation and evaluation methods side. It's the first Customer Due Diligence (CDD) information leakage, number 10. In relation to customer due diligence obligations, if there is suspicion of money laundering or terrorist financing during the establishment of a business relationship, the process thereof, or a one-time transaction, the following shall be implemented. Verify the identity of the customer and the beneficial owner in step A. Lobby B, let's report the suspicious transaction to the FIU. Below that, it prohibits the 2nd item . You must not leak the facts of the FIU report to the relevant person. Next, in the second line of item 3 below, you must consider the risk of leaking information regarding suspicious transaction reports that may occur in the short term during customer verification . It states that while verifying a customer, they won't explicitly say, "We are verifying this customer because there is a report of a suspicious transaction," but if similar information is conveyed and it could potentially become risky, the process is skipped entirely in such cases . Therefore, if it is determined that there will be a leakage of information, the CDD procedure can be omitted. However, in such cases, you need to perform STR immediately . In the second line of number 4, the person who conducts transactions on behalf of the customer is an agent. It must be verified whether the person has been granted lawful authority, and the status of that person must be confirmed . A verification of the status of this agent is also conducted. Next, number 5. When fulfilling obligations to customers who are legal entities, such as corporations or trusts, financial regulations must verify the customer's identity and understand the nature of the transaction as well as the ownership and governance structure. Go to the next page. Verify and confirm the newlywed status of Customer A. The types of information required there include, for instance, the name, legal form, and certificate of establishment . Secondly, regarding the authority to regulate and notify legal relationships such as corporations and trusts, it could be things like the name of the superior of the corporation or trust legal relationship. Next, number 3, the third registered company address. Next, the address of the main business location if the address is different. Next, number B. We take reasonable measures to verify the customer's actual owner and confirm the newlywed status through the information below . In the case of a corporation, the actual member of a natural person holding the ultimate controlling interest in the corporation. The second suspect is the actual owner, or the identity of a natural person exercising control through other means. So, the first is, first of all, the share of control. You can think of the second point as things other than the controlling stake . Next, regarding the second legal relationship, such as a trust, you similarly identify the trustor, trustee, guardian, and beneficiary . We also examine the identity of other persons who ultimately exercise substantive control over the trust . Furthermore, regarding other forms of legal relationships, if the entity is listed on a stock exchange and disclosure requirements ensuring transparency apply, it is necessary to verify the identity of the beneficial owner. Moving on. Customer verification for life insurance policy beneficiaries . In the case of life insurance and other investment-related insurance business No. 6, if the beneficiary A is a natural person, legal person, or legal contract with a specific name, record the name and name. It is a case where there is a name. Record the name and designation . In cases where Beneficiary B is defined by a specific characteristic or type—that is, without a name, designated as, for instance, a spouse or child— sufficient information about the beneficiary is obtained to ensure that the beneficiary's signal can be verified at the time of insurance payout . Next, in all situations mentioned in number 7, verification of the beneficiary's newlywed status must be carried out at the time of insurance payment . You know, the word 'chammyeon' might just be written as 'spouse'. yes . In reality, you have to verify it later when paying the insurance claim . Page 59, No. 8. When determining whether to apply enhanced customer due diligence measures, financial institutions must include life insurance beneficiaries as relevant risk factors. The enhanced customer verification measures in the line below must include reasonable measures to identify the beneficial owner of the beneficiary and verify their identity at the time of insurance payout. Beneficiaries are also included as risk factors. And in high-risk cases, do D. yes. That's what I'm talking about. If you cannot fulfill steps 9, 6, or 8— that is, if you cannot perform signal confirmation or verification—you should consider reporting suspicious transactions. It is not necessary to repeatedly check and verify the customer's signal for every transaction, as described in item 10 below. I mean that it isn't necessary for every transaction. Existing customer verification can be trusted. Once you turn around, there is usually a deadline, you know. It is usually given for one, two, or three years, and the point is that additional customer verification is not required within that period . In order to avoid interfering with normal business activities during the verification period, customer verification can be conducted after a business relationship has been established . These provisions are created to prevent the business itself from being ruined, such as in the case of non-face-to-face transactions or situations where processing needs to be done very quickly, like securities. A situation where customer verification is performed after a business relationship has been established. Risk management procedures for situation 12 must be introduced. Moving on. Next, page 60, number 13. Apply customer measures based on importance and risk . In addition, customer verification must be performed on existing business relationships at an appropriate time, taking into account the timing of customer verification and the suitability and validity of the acquired information . Regarding the next item, number 14, the risk-based approach. Although it states that the following examples are not mandatory under FATF standards and are merely guidelines, that is always the case with FATF standards. It says it’s not mandatory, but it would be a big problem if you didn’t follow it. You must follow unconditionally . The following is important information regarding high risks . Please mark this. It even came up on the test . In the case of high altitude, it is high altitude inflammation. Enhanced customer verification must be implemented in high-risk cases . So, it is divided into customers, countries, products, and services. The customer risk factor is now the case where the customer is high-risk. This includes cases of non-residents, unusual cases, and cases that are too far removed from the truth. Cases involving registered shareholders or named/bearer shares, high cash flow, and an abnormally complex governance structure are all customer risk factors. On the next page, there are national or geographical risk factors, high-risk factors. Countries identified in mutual evaluations or various reports as lacking or not equipped with systems , countries subject to sanctions , or countries with other criminal activities— all of these are currently national and geographical risk factors. Next, regarding products and services, and channels . Channels usually go hand in hand with products and services . You could separate them if you categorize them into four, though . Anyway, since I viewed it in three ways, it is attached to the product. The channel. Uh, private banking products, anonymous transaction products, non-face-to-face business, and payments from unrelated third parties—things like that are risky. Conversely, in low-risk cases, there are situations where the risk of terrorist financing and money laundering is low. In such cases, it may be reasonable to implement simplified customer verification. So, regarding that risk case, they are doing a good job with the customer. It is less common in cases like public institutions, state-owned enterprises, or listed companies where there is no risk. On the next page, regarding product service delivery channels (item B), there are cases where the down payment is small, and then there are pension insurance policies with no cancellation clauses and conditions where they cannot be used as collateral, and things like that. Next, country risk factors. A country confirmed by reliable sources to have an effectively equipped system . Then there are things like countries with low criminal activity. No. 18 Newlywed Confirmation. Just because the risk of money laundering or terrorist financing is low for the purpose of identity verification does not mean that it automatically becomes low risk in all types of customer due diligence measures related to that customer, particularly in cases such as continuous transaction monitoring. Please keep this in mind . Just because there is a risk for the purpose of identity verification does not mean it is necessarily a risk. And well, in cases like this, you can't leave out the transaction monitor . Well, that goes something like that . And regarding the risk variables in number 19, on the third line, these variables act individually or in combination to increase or decrease potential risk and, consequently, affect the level of customer verification measures . I'll move on to Danfish. Number 20 is about various reinforced head verification measures. For the first instance, enhanced customer due diligence measures must be implemented to the extent reasonably possible for complex and abnormally large transactions as well as transactions with abnormal patterns . Number 21 below is a simplified customer verification measure. Simplified customer verification can be performed in cases of low risk . But there is something included in that example. Simplified measures can be applied only to customer actions or continuous monitoring . The regulated measures don't regulated everything; there are fundamentally things that need to be done. So, things like customer verification and signal verification must be done without fail. You must do it unconditionally, and of course, you must also conduct a risk assessment. There are things that are not left out. Simple measures can only be applied to customer monitoring. Please keep this in mind . And please take a look at the blue square box later as well. Moving on. The one-time transaction limit for the 22nd amount limit is 15,000 USD or Euro. And it includes the amount of one-time transactions or linked transactions . Even if it does not exceed 15,000 at once, if it is repeated multiple times and the total exceeds 15,000, it may become subject to CDD . Next, continuous customer verification at number 23. Um, let's move on. Then 10.1. Financial institutions must not open anonymous or infected accounts . Please remember this as it is repeated several times. Next, CDD measures must be performed in the following cases below. Please mark this as well, since it appears so many times . It is not an abnormality that the threshold amount for establishing a transaction relationship has been exceeded, but an excess. Please make the corrections. Not an abnormality, but a one-time transaction occurring that exceeds the threshold amount. Next, a one-time transaction conducted in the form of a wire transfer . Then, if MLTF is suspected. And finally, in cases where the authenticity or validity of the existing CDD information is doubtful. You need to remember this . Then, go to page 65. General CDD measures applicable to all customers . Getting a feel for the newlyweds on October 3rd. And verification to connect the lines below. It's simple. 10.4 Verify whether the person acting on behalf of the customer is authorized, and verify the identity of said agent . Paragraph 10.5 below states that reasonable measures must be taken to identify the actual owner and verify this . It's not difficult, right? Let's take a look at the concept of the actual owner below. The first beneficial owner, when holding a stake, usually uses 25%. The second is the person with control if there is no owner holding more than 25% of the shares . Lastly, the third one is... if neither the first nor the second one is present, it becomes something like a senior executive or a representative. 10.6 You must understand the purpose and nature of the transaction relationship and secure information. 10.7 times Continuous customer verification must be performed on 7. You need to take a look at A and B. We review whether transactions, etc. that occurred while the business relationship was maintained are reasonable. Verify whether the document data information regarding high-risk customer B is kept up to date and is useful. Moving on to 10.8. Page 66. You must understand the customer's business nature and governance and control structure. 10.9. The identity of customers in the form of corporations or legal relationships must be verified. A. Certificate of establishment of the legal form of the corporation B. Legal relationship of the corporation List of senior executives and other materials related to authority 10. Address of the office, then 10 points 10. Reasonable measures must be taken to confirm and verify the actual owner. 10.11. Identity verification procedures must be taken regarding customers of the type of legal relationship . It comes out repeatedly as A. It is important right now, too. In the case of a trust, you must identify the settlor, trustee, guardian, beneficiary, or groups of beneficiaries by type, as well as other natural persons exercising actual and final control over the trust . I'll move on to the next one. The life insurance beneficiary information is on page 67, but this is important. It keeps appearing on the exams, too. 10 points 12. For beneficiaries of life insurance and other investment-related insurance contracts, the following procedures must be carried out along with CDD procedures against the customer and the beneficial owner as soon as the beneficiary is identified and designated. If there is a name A, the corresponding name. When discussing traits or relationships of type B, provide sufficient vertical information to destroy the newlyweds. And finally, the verification of the newlywed status must be carried out at the time of insurance payout. 10 points, 13 came out earlier, right? Life insurance beneficiaries must be included as a risk factor. 10. 14. The identity of the customer and the beneficial owner must be verified before establishing a business relationship, during a business relationship, or before performing a one-time transaction . And the actual owner of the newlyweds may be verified after establishment only if the following requirements are met. Immediately after it becomes possible to reasonably execute CDD measures for A. Case B where it is unavoidable to avoid interfering with normal business activities. You should keep in mind that the MLTF risk is effectively managed in case number 10 . Then, on October 15, uh, we need to introduce risk management procedures to prepare for situations where we can establish a business relationship with a customer prior to signal verification . Then 10.16. The CDD procedure for the standard must be performed . 10. 17. Enhanced CDD 10.18 Well, for low-risk cases, preserved CDD. Just look at that and move on. If the CDD action fails next time, this is also repeated, but it is important. It was about prohibiting the opening of new accounts, establishment of transaction relationships, or execution of transactions in cases where a financial company fails to implement CDD measures, or it was a statement regarding new customers . Next, terminating the business relationship . It is for existing customers . And, the STR status of the customer in question must be reviewed. It 's important. Prohibit or prevent trading and review whether to conduct a STR. Next, regarding the prohibition of leakage, 10.20 20. When MRTF is suspected and CDD measures are performed, ensure that the fact that it is reported to the supervisory authority is not leaked. In that case, if you are suspicious or think it is somewhat dangerous, do not perform CDD and instead perform str. That is how it is. Let's look at page 69 regarding internal controls. In the second paragraph, there is an obligation to apply measures consistent with the AML CFT measures being implemented in the home country to overseas branches and subsidiaries in which a controlling stake is held through the financial group's anti-money laundering and anti-terrorism financing program. It means that the home country's programs and regulations are applied to overseas branches and subsidiaries . Next, the following must be included below. No. 2. It consists of an appropriate compliance management system, internal policies, the development of procedures and controls, employee recruitment, suitable screening procedures, continuous employee training programs, and finally, the concept of independent auditing . First, regulations must be good, and employees must be hired properly. Then, once employees are hired, they must be trained, and finally, independent audits are conducted. Under 2, it must be suitable for the risk level and business scale. And the third compliance management system must include the appointment of a management-level compliance officer . I'll move on. Next, number 5. I will look at number 5. In the case of overseas business sites, subsidiaries shall fulfill the requirements of the parent country within the scope permitted by the laws and regulations of the local country . If proper implementation is not permitted, the financial group must apply appropriate additional measures to manage money laundering and terrorist financing risks and notify the supervisory authority of the headquarters' country. Overseas business sites must also comply with domestic requirements . That topic comes up repeatedly now, and it is important. It appeared on the test here . Overseas business sites are not required to comply with domestic requirements. It came out like this, but that's wrong. If you do that, it's 18.1. Financial companies must implement the MLTF program in consideration of risks, business scale, and internal policy and procedure controls . Compliance monitoring system A. There are four items: B (employee recruitment screening), C (continuous employee training programs), D (internal controls), and independent audit activities . Please remember this. Four of them even appeared on the test. Well, something incorrect could come out like this. Since I live in a remote area, the four things that came out are really good for making test questions. If the question setter tries to create a question quickly without thinking, it could be a question with frequently appearing vocabulary. Next, 18 points must be implemented at the group level . And it also applies to subsidiaries holding controlling stakes in all branches. And on the next page, page 71. On the second line of page 71, if the local laws applicable to overseas branches and subsidiaries are not higher than domestic laws, the higher standards must be applied to the extent permitted by local laws . Please keep that in mind . For example, let me give you just one example: you know, there are sitting banks in the U.S. There are sitting banks in Korea as well . Which country's laws must a sitting bank in Korea follow? Basically, since the regulations themselves are based on U.S. oil wells, they are governed by U.S. law. We have to follow it, and on top of that, we have to follow all the provisions of Korean law . It follows both sides. Conservatively. Next, regarding the first line below concerning suspicious transaction reporting, there is an obligation to report the suspicious details to the FIU in cases of suspicion or when there are reasonable grounds for suspicion . thrice. I'll look at number 3. No. 3. Uh, all suspicious transactions, including outstanding transactions, must be reported regardless of the amount . In the past, there was a relationship regarding the amount . For example, in our country, we used to check for suspicious transactions exceeding 20 million won, but now there is no threshold amount. That is the point. It must be reported regardless of the amount. No. 4. Reporting requirements must be direct legal obligations, and indirect or implied obligations listed below are not appropriate. You must report immediately to page 72, section 20.1. We do it without delay. Remember this immediately. Then, in 20.2, report all suspicious transactions above regardless of the amount . Next is FIU No. 29. A. Reporting suspicious transactions, then B. Vertical analysis of information. An FI must be established as a central administrative agency responsible for providing analyzed information. FI must be able to obtain additional information from reporting agencies and, if necessary, have timely access to administrative and law enforcement information. It appears below. The role provides reception analysis there . Please keep this in mind. Provides reception analysis. Reception is the FIU acting as a central agency that receives reports from reporting agencies. Analysis is adding value to the information received and held by FI . I mean additional analysis. There is basic analysis and strategic analysis there. Basic analysis involves using available and obtainable information to identify specific targets, track particular activities or transactions, and confirm links between criminal proceeds. Next, strategic analysis involves identifying trends and patterns. If the topic of distinguishing this comes up, you can just remember that strategic analysis is related to trends and patterns. The third provider FI must be able to provide information and the results of analysis to the competent authority voluntarily or upon request . These measures must be carried out through a dedicated channel that is safe and secure. Regarding voluntary provision, it means voluntarily providing information and analysis results to the competent authorities . On the next page, page 74, provision upon request refers to responding to a request for information from an authorized authority. Regarding information access below, item 5, obtaining additional information from reporting agencies, FI must be able to obtain and use additional information from reporting agencies as needed, in addition to the information that reporting agencies report to FI . It is important information. Let's look at number 7 next. No. 7. Fourth line. FI must ensure that employees obtain the necessary level of confidentiality clearance and understand the responsibilities associated with the handling and provision of sensitive information. And it says that access control needs to be managed . Next, page 75. Regarding operational independence. It must be operationally independent and autonomous. No. 9. It may also be established as part of an existing government agency . The core duties of FI on the line below must be distinguished from the duties of other organizations. The point is that while existing government agencies can be established as part of it, their functions must be separated. Appropriate financial recognition and technical resources must be provided below. And number 11 below. It must be possible to independently reach agreements and establish relationships with other domestic agencies or foreign authorities regarding information exchange . I'll look at number 13. Group E. Group E has principles for information exchange. The principles of information exchange must be considered. If you ask what the Aegeumwon Group is, basically, one of the characteristics of money laundering crimes was its international nature. That means crossing the border. If money crosses the border and moves back and forth only within the country, financial government analysis tracks it. But if you go overseas, it gets cut off. So, the simple thing is that if you go abroad once, the financial burden often disappears. However, to find the money's trace, we just need to cooperate with the financial intelligence unit of the country where the money went . The Eggman Group is what makes those cooperative things possible . So, the Eggman Group is always included in FIU explanations . The explanation of the Eggman Group will come up again later, so let's skip it for now. Next, let's look at Evaluation Methodology No. 29 on page 76. I will briefly skip over the repetitive role of the central organization that established FIO. Next, you must be able to view additional information and obtain and use it from the institution . Then, the basic analyzer appears below me . It includes basic analysis, identifying, tracking, and making decisions on various things. Strategic analysis involves things like patterns and trends. And, regarding item 29.5, the analysis results must be provided either voluntarily or upon request. It keeps repeating. I will skip the rest as it is just repetition of similar content. On page 78, I explained the 4th round of the 4th peer evaluation of the 11 effectiveness evaluations of FAT, and I explained the two types: technology evaluation and effectiveness evaluation . The things mentioned earlier were technical evaluations, and now we're going to talk about effectiveness evaluations. Effectiveness evaluation is already an outcome, that is, performance. There are 11. Let's take a look at the first line. Ensure that FATF recommendations are fully implemented and verify the degree of achievement of the performance defined as a core element of the AML CFT implementation framework . In addition, the focus is on achieving expected outcomes through the legal and institutional framework. The purpose of the paragraph effectiveness evaluation is to provide an assessment of the overall national AML CFT implementation system and to show how well it works. This is still important information. In terms of the approach and methodology of evaluation, effectiveness evaluation differs in principle from the approach to technical implementation evaluation of the FATF's 40 recommendations. Let's look at the line below. It is to judge whether defined performance has been achieved or to what extent . You said that the technical evaluation is to see how well the 40 recommendations are legally reflected. That is when it happens . Effectiveness evaluation is about looking at how well things are being done effectively. If you look at the top of page 79, there are 11 effectiveness evaluations. Numbers 1 through 11. Policy coordination, international cooperation, financial supervision, preventive measures, corporate trusts, financial intelligence, investigation, prosecution, forfeiture, investigation of terrorist financing, precision sanctions against terrorism, financial sanctions against proliferation. Please do n't try to remember things like what number 1 is and what number 2 is. However, you need to read it a few times to get familiar with it . And for your reference, regarding the results of our country's 4th mutual evaluation, there are some shortcomings marked there. I will show you this again later, but please take a look now. Things such as 10.3 financial supervision, 10.4 preventive measures, 10.5 corporate trusts , 10.7 investigation and prosecution, 10.10 precise sanctions against terrorism, and 10.11 financial sanctions against proliferation were lacking. Let's look at 11 of them. 10.1 It's policy coordination. As you can see in the explanation, domestic policies to understand the risks of money laundering and terrorist financing, and to respond to the proliferation of money laundering, terrorist financing, and finance when necessary, are implemented through coordination. There is a key keyword there. This is achieved through the coordination of policies. It's policy coordination. You don't need to memorize all 11 of these. However, you need to read it and check what the keywords are . If we move on to 10.2, it is international cooperation, and the keyword is international cooperation. Through international agreements, appropriate information, financial information, and evidence are shared, and measures against criminals and illicit assets are pursued. This is the third financial supervision. There are keywords there, too. Supervisors supervise, inspect, and regulate. Uh, going to 10-4 is a precautionary measure. Uh, the Korean explanation is completely wrong. Delete it. I think I need to explain this to you, so I will read it to you. Apply AML CFT preventive measures corresponding to the risk and report suspicious transactions. I told you to delete what you just wrote because the content for the next 10-5 episodes was just copied and pasted by mistake. The explanation itself applies preventive measures. That is it in the end . Next is the 10-5 corporate trust. Regarding corporate trusts. Next, 10-6 financial information. Financial information and other relevant information related. You just need to look at it that way. 10-7 Investigation and Indictment. An investigation is conducted, prosecution for the violation takes place, and punishment is imposed. 10-8 confiscation of fish is carried out. 10-9 is related to the investigation of terrorist financing, and it is structured like this: criminalization of terrorist financing . 10-10. Precision Sanctions on Terror. It prevents terrorists, terrorist organizations, and terrorist financiers from raising, moving, and using funds, and blocks their use of NPOs . The last one is related to 10- no 10- no IO 11th proliferation financial sanctions weapons of mass destruction proliferation finance, right? So, regarding the Yomedia Outcomes from No. 1 to No. 11, you need to relatively remember all of them, starting from No. 1, and specifically from No. 1 to No. 40 . Looking at what appeared on the test, you actually don't need to memorize outcomes 1 through 11 yet . Moving on. The mutual evaluation appears below. Uh, because it's almost time.