Hana Financial Group Chairman Ham Young-joo (photo = Yonhap News)

 

[Alpha Biz=(Chicago) Reporter Paul Lee] The Financial Supervisory Service has protested the court's decision to reverse the disposition made to Hana Financial Group Chairman Ham Young-joo and others in connection with the loss of the derivatives fund (DLF).

The Financial Supervisory Service said on the 14th that it has decided to appeal to the Supreme Court against Hana Bank's second ruling on the cancellation of sanctions on DLF sales filed by Chairman Ham and others against the head of the Financial Supervisory Service.

The Financial Supervisory Service cited "the need for the judiciary to confirm its final position to resolve unclear issues such as legal issues on drawing up internal control standards."

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