Live Breaking News & Updates on Supervisory service

Stay informed with the latest breaking news from Supervisory service on our comprehensive webpage. Get up-to-the-minute updates on local events, politics, business, entertainment, and more. Our dedicated team of journalists delivers timely and reliable news, ensuring you're always in the know. Discover firsthand accounts, expert analysis, and exclusive interviews, all in one convenient destination. Don't miss a beat — visit our webpage for real-time breaking news in Supervisory service and stay connected to the pulse of your community

FSS vows to create favorable market environment for global investors

Financial Supervisory Service (FSS) Governor Lee Bok-hyun pledged to enhance Korea's appeal as an investment destination while simultaneously adopting a resolute stance against illegal and unfair practices among market participants.

United-kingdom , France , India , United-states , Seoul , Soult-ukpyolsi , South-korea , Switzerland , Busan , Pusan-gwangyoksi , Japan , China

FSS unveils compensation measures for HK-tied ELS losses

AsiaToday reporter Choi Jung-ah “Many sellers of the equity-linked securities (ELS) products were found to have encouraged mis-selling even when..

Hong-kong , Seoul , Soult-ukpyolsi , South-korea , Lee-bok-hyun , Financial-supervisory-service , Supervisory-service , Governor-lee-bok-hyun , Choi-jung-ah , Fss , K

FSC vice chair to promote 'value-up' initiative in Singapore, Thailand

Financial Services Commission (FSC) Vice Chairman Kim So-young will meet with foreign investors in Singapore and Thailand next week to promote its corporate “value-up” initiative intended to reinvigorate the chronically stagnant local bourse, market watchers said Tuesday.

South-korea , Thailand , Singapore , London , City-of , United-kingdom , Korea , Yoon-suk-yeol , Ruenvadee-sawanmongkol , Sethaput-suthiwartnarueput , Lee-bok-hyun , Korea-exchange

Punishment for cryptocurrency crimes to include life imprisonment

Starting in the second half of this year, crimes related to digital assets such as price manipulation, insider trading and unfair trading practices will be prohibited, as the country's first law on protecting digital asset investors will take effect on July 19. Individuals involved in such illegalities can face a maximum penalty of life imprisonment, if they are found guilty of pocketing a wrongful gain of over 5 billion won ($3.7 million).

Seoul , Soult-ukpyolsi , South-korea , Lee-bok-hyun , Financial-supervisory-service , National-assembly , Financial-services-commission , Supervisory-service , Governor-lee-bok-hyun , Fsc , Cryptocurrency-law

FSS chief threatens to expel firms that ignore customers' losses

Financial Supervisory Service (FSS) Governor Lee Bok-hyun vowed to strictly respond to financial companies that focus solely on seeking short-term profits while disregarding negative outcomes for customers. He even warned of the possibility of expelling such companies that disturb financial stability and order.

New-york , United-states , South-korea , Hong-kong , Seoul , Soult-ukpyolsi , Korea , Gary-gensler , Lee-bok-hyun , Futures-commission , Hong-kong-monetary-authority , Hang-seng-china-enterprises-index

Capital firms face increased pressure to set aside loss reserves

Capital firms that offer a diverse range of credit financing services are facing increased pressure to set aside reserves following recent directives from financial authorities urging the financial institutions to be fully prepared for a potential real estate project financing (PF) crisis. The increased sizes of loan-loss reserves could translate into deteriorating profitability.

South-korea , Namsan , Kyonggi-do , Korea , Lee-bok-hyun , Korea-investors-service , Financial-supervisory-service , Ok-financial-group , Shinhan-capital , Korea-investment-capital , Investors-service , Supervisory-service

Brokerage industry wared of consequences for poor PF risk management

Financial authorities criticized the brokerage industry for its reliance on the real estate business and warned that they would hold firms accountable that fail to manage real estate project financing risks effectively.

Seoul , Soult-ukpyolsi , South-korea , Daishin , Kangwon-do , Korea , Seo-yoo-seok , Sohn-byung-doo , Lee-bok-hyun , Kim-joo-hyun , Morgan-stanley

Yoon's ex-boss named Justice Minister nominee

President Yoon Suk Yeol on Tuesday picked his former boss Park Sung-jae, who led the Seoul High Prosecutors' Office, as the nominee for the minister of justice. The Justice Ministry oversees legal affairs, correctional services, the prosecution service and immigration. The nominee must go through a confirmation hearing in the National Assembly before receiving Yoon's final approval. Presidential Chief of St...

South-korea , Seoul , Soult-ukpyolsi , Korea , Yoon-suk-yeol , Han-dong-hoon , Lee-bok-hyun , Kim-hyun-sook , Daegu-high-prosecutor-office , Financial-supervisory-service-gov , Supreme-prosecutor-office , Justice-ministry

Yoon's ex-boss named justice minister nominee

President Yoon Suk Yeol on Tuesday picked his former boss Park Sung-jae, who led the Seoul High Prosecutors' Office, as the nominee for the minister of justice. The Justice Ministry oversees legal affairs, correctional services, the prosecution service and immigration. The nominee must go through a confirmation hearing in the National Assembly before receiving Yoon's final approval. Presidential Chief of St...

South-korea , Seoul , Soult-ukpyolsi , Korea , Yoon-suk-yeol , Lee-bok-hyun , Kim-hyun-sook , Han-dong-hoon , Civil-rights-commission , Korea-communications-commission , Supreme-prosecutor-office , People-power-party

Taeyoung chairman offers SBS stakes as collateral

Yoon Se-young, founder and honorary chairman of Taeyoung Group, has pledged to offer key stakes of SBS, a major broadcaster in Korea, and TY Holdings, to salvage the group's debt-ridden construction subsidiary, if necessary.

Seoul , Soult-ukpyolsi , South-korea , Korea , Kang-seog-hoon , Lee-bok-hyun , Ty-holdings , Taeyoung-group , Korea-development-bank , Financial-supervisory-service , Yoon-se-young