FSS Hands Out Harshest Penalties, Only to See FSC Overturn Them
Financial Supervisory Service When it was pointed out at last October’s parliamentary audit that Lotte Card, which suffered…
Korean Banks Raise Mortgage Rates as Central Bank Lifts Key Rate
A loan notice posted at a bank in Seoul. Yonhap News Commercial banks raised their variable-rate mortgage rates…
Police raid Kakao Pay over alleged leak of 40 million users’ data to Alipay
Kakao Pay’s headquarters in Pangyo/ AJP Han Jun-gu
SEOUL, July 09 (AJP) – South Korean…
Hanwha Solutions’ Rights Offering Cut to 1.7 Trillion Won, Clears FSS Review
Hanwha Group headquarters. Photo courtesy of Hanwha Hanwha Solutions’ (009830.KS) rights offering has cleared the Financial Supervisory Service…
SK Shipping, Dongkuk Steel Added to Main Debtor Groups List
Financial Supervisory Service. Yonhap News SK Shipping, Dongkuk Steel, and Hoban have been newly designated as main debtor…
Former FSS Deputy Governor Han Koo Named KRX Executive Director
Korea Exchange The Korea Exchange (KRX) has appointed Han Koo, former Deputy Governor of the Financial Supervisory Service…
FSS to Keep Pressing Hanwha Solutions on Rights Offering Disclosures
Financial Supervisory Service. Yonhap News The Financial Supervisory Service (FSS) said it will continue to demand revisions to…