Members of the National Assembly of South Korea
The National Assembly of South Korea is the country's legislative body, consisting of elected representatives. These members play a crucial role in shaping laws and policies that impact the nation. Given their position, they are considered politically exposed persons (PEPs) due to their influence and public roles.
302 Entities in Members of the National Assembly of South Korea
Entity Name | Entity Type | Effective Date | Status |
---|---|---|---|
JUNG TAEHO | Individual | Mar 27, 2023 | active |
BACK HYERYUN | Individual | Mar 27, 2023 | active |
YOON JOONBYEONG | Individual | Mar 27, 2023 | active |
KI DONGMIN | Individual | Mar 27, 2023 | active |
LEE YONGWOO | Individual | Mar 27, 2023 | active |
PARK KWANGON | Individual | Mar 27, 2023 | active |
JEON YONGGI | Individual | Mar 27, 2023 | active |
TAE YONGHO | Individual | Mar 27, 2023 | active |
YOUN KUNYOUNG | Individual | Mar 27, 2023 | active |
HONG JUNGMIN | Individual | Mar 27, 2023 | active |
FAQs
Why is it necessary to identify PEPs published in Members of the National Assembly of South Korea?
Identifying Members of the National Assembly of South Korea in the sanctions category is crucial for ensuring compliance with international regulations and maintaining national security. These individuals play significant roles in shaping legislation and policy, which can influence the country’s diplomatic relations and economic stance. Monitoring their actions and potential risk helps to prevent corruption, promotes transparency, and holds public officials accountable.
Which companies should identify and flag PEPs in Members of the National Assembly of South Korea?
Industries such as banking, finance, and investment firms should identify and flag PEPs in the Members of the National Assembly of South Korea as these sectors are vulnerable to financial crimes, including money laundering and corruption.
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