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[Bills in Focus] Windfall tax on banks and urban infra refurbishment

Proposed bill: Partial Amendment to the Act on the Protection of Financial Consumers Proposed by Rep. Kim Sung-joo (Democratic Party of Korea) ● Persisting high prices and interest rates have benefited certain financial companies at the expense of financially vulnerable people and small-business operators. This amendment requires financial companies with a net interest margin exceeding 120 percent of their average n...
Financial Investment Services Kweon Seong Dong People Power Party Song People Power Party Kim Democratic Party Of Korea Ministry Of Culture Competent Authority

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