Yonhap Infomax NewsSep 9, 2025
FSS Governor Lee Chan-jin urges South Korean financial firms to overhaul governance and prioritize consumer protection, criticizing their focus on short-term gains over sustainable growth amid recent security incidents and regulatory reforms.
#YonhapInfomax
#FinancialSupervisoryService #ConsumerProtection #Governance #HongKongELS #InternalControls
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80885
Lee Chan-jin Criticizes Financial Firms for Viewing Consumer Protection as a Cost Hindering Short-Term Performance

FSS Governor Lee Chan-jin urges South Korean financial firms to overhaul governance and prioritize consumer protection, criticizing their focus on short-term gains over sustainable growth amid recent security incidents and regulatory reforms.

Yonhap Infomax
Yonhap Infomax NewsMay 15, 2025
SC Jeil Bank reports Q1 net profit surge of 174% to 111.9 billion won, driven by base effect from Hong Kong ELS compensation, despite NIM decline and increased credit loss provisions
#YonhapInfomax #SCJeilBank #Q1NetProfit #HongKongELS #AssetManagement #BISCapitalRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63428
SC Jeil Bank's Q1 Net Profit Soars 174% to 111.9 Billion Won on Hong Kong ELS Base Effect

SC Jeil Bank reports Q1 net profit surge of 174% to 111.9 billion won, driven by base effect from Hong Kong ELS compensation, despite NIM decline and increased credit loss provisions

Yonhap Infomax
Yonhap Infomax NewsApr 16, 2025
Financial authorities struggle to determine sanctions for banks' incomplete sale of Hong Kong H-index ELS, facing ambiguity in fine criteria under Financial Consumer Protection Act
#YonhapInfomax #HongKongELS #FinancialSanctions #BankingIndustry #FinancialConsumerProtectionAct #RegulatoryUncertainty #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58858
Hong Kong ELS Penalty of 'Up to 8 Trillion Won' - When Will the Stalled Sanctions Resume?

Financial authorities struggle to determine sanctions for banks' incomplete sale of Hong Kong H-index ELS, facing ambiguity in fine criteria under Financial Consumer Protection Act

Yonhap Infomax