The Financial Supervisory Service (FSS), South Korea’s financial watchdog, will begin a three-year regular inspection of KB Financial Group Inc. and KB Kookmin Bank on Thursday. According to financial
[Alpha Biz= Reporter Kim Sangjin] The Financial Supervisory Service (FSS) is set to conduct a preliminary inspection of Woori Financial Group and Woori Bank in response to allegations of improper lending practices. According to financial sector sources on September 23, the FSS will start the preliminary inspection on September 24, followed by a regular inspection scheduled for early next month. Originally, the FSS planned to conduct a regular inspection of Woori Financial Group and Woori Bank ne...
[Alpha Biz= Reporter Kim Minyoung] The Financial Supervisory Service (FSS) is set to begin a regular inspection of KB Financial Group and KB Kookmin Bank on August 22, which will run until October 3. The inspection, involving around 40 personnel, will focus on several key areas: Internal Controls: The FSS will scrutinize the internal controls of KB Financial and KB Kookmin Bank, particularly in light of recent issues such as the incomplete sale of Hong Kong H Index-linked securities (ELS) and va...
[Alpha Biz= Reporter Kim Jisun] Financial Supervisory Service Expands Inspection of Woori Bank Following 10 Billion KRW Embezzlement IncidentThe Finan ...
[Alpha Biz= Reporter Kim Sangjin] The financial supervisory authority is set to begin regular inspections on KB Financial Group and Kookmin Bank.Today ...
[Alpha Biz= Reporter Kim Sangjin] On the 2nd, the Financial Supervisory Service (FSS) announced that it will start a regular inspection of Woori Financial Group and Woori Bank next month. The FSS has sent out advance notices for the inspection, which will commence in early October and is expected to last around two months, though the period may be extended depending on the results. Currently, the FSS is conducting regular inspections of KB Financial Group and KB Kookmin Bank with a large inspect...
Kong H Index ELS sold by KB Kookmin Bank. This marks the first regular inspection of KB Financial and KB Kookmin Bank since June-July 2021. Alphabiz Kim Minyoung Reporter(*****@********.**.**)
[Alpha Biz= Reporter Kim Jisun] Financial Supervisory Service Expands Inspection of Woori Bank Following 10 Billion KRW Embezzlement IncidentThe Finan ...
According to the financial sector on the 29th, the Financial Supervisory Service is currently considering expanding the bank inspection organization, which is divided into the General Bank...
The Financial Supervisory Service (FSS) is set to extend the regular inspection of Woori Bank by one week, as the chairman of the Financial Services Commission hints at strict measures against the...