(Photo = Yonhap news)

 

[Alpha Biz= Reporter Kim Jisun] The Financial Supervisory Service has expanded its inspections on securities firms regarding the evaluation of real estate PF viability.

On the 16th, according to financial authorities, the Financial Supervisory Service conducted an on-site inspection at the headquarters of Meritz Securities in Yeouido.

This inspection follows up on policies announced by the Financial Services Commission in May regarding "orderly landing of real estate PFs," aiming to ensure that securities firms adhere to the standards set by financial authorities in evaluating the viability of their real estate PF businesses.

The Financial Supervisory Service has previously conducted similar on-site inspections focusing on non-bank sectors such as savings banks and capital companies, finding that evaluation criteria for real estate PFs did not adequately reflect PF risks.

 

 

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