Financial authorities to strengthen crackdown on illegal short selling
Joo-Hyun Kim, Chairman of the Financial Services Commission. photo = news Financial authorities have drawn a knife to illegal short selling. On the 29th, the Financial Services Commission, the Financial Supervisory Service, the Supreme Prosecutors’ Office, and the Korea Exchange held a ‘Meeting for the Elimination of Illegal Short Selling with Relevant Institutions’ and discussed […]
‘Revival of Knights’ MG Insurance, “No problem” over concerns about consumer damage and regulatory gap
ⓒ Current affairs focus DB [땡큐뉴스 / 임솔 기자] The designation of insolvent financial institutions issued by the financial authorities to MG Insurance has been suspended. MG Insurance took a breather, but as the financial authorities were unable to request capital expansion for MG Insurance, some are raising concerns that consumer damage may occur due to […]
[아주경제 오늘의 뉴스 종합] In the controversy over the abolition of the Ministry of Recreation and the retreat of the military salary promises…
[사진=아주경제 DB] ◆ 尹 side, abolition of the leisure ministry and controversies over the withdrawal of military salary promises… “I keep my promises” On the 5th, President-elect Yoon Seok-yeol’s side actively responded to the controversy about the retreat of major presidential campaign promises, such as the abolition of the Ministry of Gender Equality and Family […]
MG Insurance, on sale again after 9 years… Impact of insolvent financial institutions
(Source = MG Insurance) The Financial Services Commission (hereinafter referred to as the Financial Services Commission) has decided to designate MG Insurance as an insolvent financial institution and proceed with reorganization procedures such as public sale. It has been about 9 years since the company started anew under the name of MG Non-Life Insurance in […]
BOK “Household loan stability continues”… Decrease for 4 consecutive months due to high-intensity regulation
Household Loan Growth Rate (YoY) [사진제공=금융위원회] [Today Newspaper Reporter Joo Joo-young]It was found that household loans in the financial sector are decreasing and stabilization is continuing. It is analyzed that household loans, centered on credit loans, have decreased as the threshold has been raised due to the government’s strict loan regulations and a rise in […]
10% annual interest rate ‘Youth Hope Savings’, starting tomorrow, apply regardless of birth year
The ‘Youth Hope Savings Savings’, which yields an interest rate effect of up to 10% per annum, will be launched face-to-face and non-face-to-face at Kookmin, Shinhan, Hana, Woori, Nonghyup, Enterprise, Busan, Daegu, Gwangju, Jeonbuk, and Jeju banks on the 21st. The picture is of a bank in Seoul that day and a mobile app. [사진=연합뉴스] […]
Intensive education on anti-money laundering for financial information analysis institutes and loan businesses
[사진:금융정보분석원(FIU) CI] The Financial Intelligence Unit (FIU) of the Financial Services Commission announced on the 20th that it will focus its education capabilities this year on solving the blind spots in anti-money laundering education such as money exchange operators and lenders. According to the FIU, the average employee training hours last year in industries that […]
“The gray rhino is coming” loan extension for small businesses likely to end
data photo The measures that financial institutions extended the principal repayment maturity of loans and deferred interest repayment for small business owners affected by COVID-19 are expected to end at the end of March. Koh Seung-beom, chairman of the Financial Services Commission, responded to a question from reporters today, saying, “We are making a response […]
Indemnity insurance premium ‘bomb roll’ continues… January hike not clear
(Source=pixabay) [이코노믹리뷰=신영욱 기자] Indemnity insurance with abundant subscribers has risen to the position of second national health insurance. However, contrary to this status, dissatisfaction continues to appear between the seller, the insurance company, and the consumer, the subscriber, over the premium increase. Indemnity insurance has become one of the products that insurance companies avoid, causing […]
Woori Financial to reveal new shareholders on the 22nd… Eugene PE, Dunamu strong (comprehensive)
Employee Stock Ownership Association and KTB Asset Management also discussed the possibility of acquisition. [아시아경제 김진호 기자] In the main bid for the sale of the remaining stake in Woori Financial Group, Eugene Private Equity (PE) and Dunamu posted the highest prices and emerged as potential takeover candidates. According to the financial industry on the […]
