(28 November 2017 – Hong Kong) Landing International Development Limited (“Landing International”, HKEx code: 00582.HK) is pleased to announce that Landing Casino was accredited the “ FSC Commissioner Award” on the award presentation ceremony of the 11^th Anti-Money Laundering Day organised by the Financial Service Commission in Korea held at the international conference room of Korea Federation of Banks, in appreciation for the contribution made by Landing Casino’s Legal and Compliance team in terms of anti-money laundering.

Ms. Jackie Baek Jae Won (白宰苑), Senior Manager of Landing Casino’s Legal and Compliance Team, is the first Korean casino employee to have been accredited this honour, and is also the only representative of the Korean casino sector to have received the invitation to the award ceremony. Formerly served in a foreign bank, Ms. Baek qualified as an “Anti-Money Laundering Expert” of casino sector in May 2017, with widely recognized contribution made on the establishment of Landing Casino’s anti-money laundering system.

In the early stage of investment in 2015, Landing Casino has set the precedent in establishing Legal and Compliance Team for foreigner-only casino, emphasizing the importance of anti-money laundering to its employees and applying measures of anti-money laundering on various aspects of its business. At the same time, Landing Casino has been working closely with relevant administration of the Jeju Provincial Government, and complying closely with local and overseas casino laws and regulations. Its effort and high transparency comparable with major Korean financial institutions are widely recognized by the market.

In October 2017, Landing Casino ranked first in the 2017 Anti-Money Laundering Assessment of foreigner-only casinos in Korea conducted by the Korea Financial Intelligence Unit, marking its third consecutive year on the spot. In September 2017, the casino was awarded the Tourism Promotion Award by the Ministry of Culture, Sports and Tourism, and was the only company in the industry to receive this award, demonstrating market recognition for its foreign direct investment contribution.  

Marking its 11th anniversary this year, “Anti-Money Laundering Day” was founded in 2007 by the Financial Intelligence Unit, an administrative agency under the Financial Services Commission in Korea. It aims to raise national awareness of anti-money laundering and to enhance the transparency of related practices.

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