Jeju casino first in AML ranking

jeju

The anti-money laundering assessment was issued by the Korea Financial Intelligence Unit.

South Korea’s Hyatt Regency casino ranked first in this year’s AML ranking.

South Korea.- Landing International Development, the operator of the casino in the Hyatt Regency in Jeju Island, South Korea, announced that they toped the list of the 2016 anti-money laundering assessment.

The anti-money laundering assessment, which includes 17 of the country’s casinos, was issued by the Korea Financial Intelligence Unit. 2016 marks the second consecutive year that Landing Jeju scores the first spot of the list. Landing executive chairman, Yang Zhihui, said: “I’m proud that Landing Casino has once again topped KoFIU’s Anti-Money Laundering Assessment in 2016 with an ”Outstanding” rating. Landing Casino has adopted an operation and control systems that is in accordance with international standards and practices since it commenced operations in 2014.”

Jeju Island is a known destination among Chinese tourists. “We will continue to work closely with the relevant administration to further improve our operations and governance standards and contribute to the sustained development of the tourism industry in Jeju,” added Zhihui.