South Korea’s Financial Services Commission plans to allocate 20.068 billion won ($15.0 million) in 2027 for its Anti-Money Laundering System Advancement program, a 157.7% increase from this year’s 7.788 billion won. The expanded funding includes 11.4 billion won ($8.5 million) for an artificial intelligence-based suspicious-transaction screening and analysis system and 1.93 billion won ($1.4 million) for a professional virtual-asset analysis and tracing solution. The Korea Financial Intelligence Unit will use the tools to process larger volumes of reports, trace blockchain fund flows directly and improve information supplied to investigative authorities. Financial institutions filed 1.33 million suspicious-transaction reports last year, up from 820,000 in 2022, while reports from virtual-asset service providers rose from 19,658 in 2024 to 62,055 last year. The budget increase also includes a 12% rise in infrastructure funding for virtual-asset unfair-trading investigations and reflects preparations for the Financial Action Task Force’s March 2028 mutual evaluation.