South Korea OTC Trading Desk – Compliant Development
Launch a otc trading desk in South Korea with compliance controls mapped to FSC/FSS and Korea VASP. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
South Korea · OTC Trading Desk
Korea requires VASP registration, ISMS certification, and banking partnerships for exchanges.
| Jurisdiction | South Korea |
|---|---|
| Regulator | FSC/FSS |
| Product | OTC Trading Desk |
Software
Built-in compliance controls
- RFQ, quote, and block-trade workflows with approval chains
- Counterparty KYC and credit/limit management
- Settlement tracking and nostro/vostro reconciliation
- Trade blotter exports for compliance and finance
- Integration with liquidity providers and custodians
- Establish KYC verification processes for clients engaging in trades.
- Implement transaction monitoring systems to comply with AML regulations.
- Ensure secure communication channels for trade negotiations.
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What is an OTC trading desk?
- An OTC trading desk facilitates the buying and selling of cryptocurrencies directly between parties, often for larger transactions.
- What compliance requirements apply to OTC trading desks?
- OTC trading desks must implement KYC/AML procedures, monitor transactions, and ensure compliance with FSC/FSS regulations.
- How can Block Intelligence assist with OTC trading desk compliance?
- Block Intelligence provides software solutions that incorporate necessary compliance controls for OTC trading desks in South Korea.