14 November 2022

IADI Fintech Brief No. 12 – Misdirected Money Transfers in Korea

This paper by Sangjae Lee and Jeongeun Park (both from the Korea Deposit Insurance Corporation) discusses the risk of misdirected money transfers and recent legislative changes in Korea mandating the Korea Deposit Insurance Corporation (KDIC) to assist in recovering such misdirected payments.

The IADI Fintech Brief is now available to IADI members via the dedicated Fintech section of IADI’s website or directly via this link. Please send any comments to the IADI Secretariat’s Research Unit (research@iadi.org) by 12 December 2022.


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