Seok-Heon Yoon “Redesignated as a public institution by the Financial Supervision Service? Follow the programmed procedure “



[ad_1]

Seok-Heon Yoon, Director of Financial Monitoring Service News1 © News1

Financial Supervision Commissioner Yoon Seok-heon said: “We are following well the previously planned procedure” on the possibility of reallocation of public institutions by the Financial Supervision Service. This means that the Financial Supervision Service has postponed the redesignation of a public institution in 2019 and it is performing well under promised conditions. It is interpreted as a negative position on the redesignation of public institutions.

Director Yoon attended the ‘Seoul International Finance Conference 2020’ held at the Conrad Hotel in Yeouido, Seoul on the 5th, met with reporters, and said, “Recently, the story came to light again, but we will review it. again if it reaches us in detail “. .

The prospect is growing that the Financial Supervision Service, which recently assumed responsibility for the supervision of the private equity fund Lime-Optimus Asset Management, may be re-elected as a public institution. The Ministry of Strategy and Finance will soon begin the preliminary process for the designation of public institutions next year, and the Financial Supervision Service, which has pointed out the problem of poor supervision of the situation of private capital, may be designated as a public institution .

The Financial Supervision Service, which had already been designated as a public institution once and was canceled, was reviewed for the re-designation of public institutions in 2018, but in January of the following year, measures were prepared to eradicate labor irregularities, the management disclosures at the level of public institutions, management evaluation through the Financial Services Commission and acceptance of the auditors’ points. Regarding the disciplinary action by the Sanctions Deliberation Committee against the banks that sold Lime Funds, Yoon said: “I think we should start in December if possible.” However, he said, “it will take a little time for banks to follow up on securities companies.” First of all, Director Yoon said that he would carry out a review of sanctions on banks selling Lime during the year, but this is expected to take some time.

The FSS will conduct a second sanctions review on the same day to discuss the level of sanctions against the securities firms that sold Lime Funds, former and current CEOs. In the financial sector, there is a high possibility that the results are not derived from the review of sanctions on this day and a conclusion will be reached in the third review of sanctions that will take place on the 12th.

(Seoul = News 1)

Close the window

You recommended the articleYoon Seok-heon “Redesignated as a public institution by the Financial Supervision Service? Follow the programmed procedure “Best Recommended News

[ad_2]