The FSS inspects NH Holdings, banks, and securities
Paul Lee
hoondork1977@alphabiz.co.kr | 2024-03-08 03:15:47
[Alpha Biz=(Chicago) Reporter Paul Lee] NH Nonghyup Financial Group and NH Investment & Securities, including NH Nonghyup Bank, which suffered a breach of trust worth 10 billion won, will be inspected by financial authorities. Authorities, which reviewed on-site inspections of banks shortly after the financial accident, appear to be looking at holding companies and affiliates in all directions.
According to the financial authorities on the 8th, the FSS began frequent inspections of Nonghyup Financial Group and Nonghyup Bank, and will begin regular inspections of NH Investment & Securities from the 8th. The regular inspection of NH Investment & Securities will be carried out earlier than originally planned.
The Financial Supervisory Service plans to first look into the internal control system and governance issues of Nonghyup Financial Group and Nonghyup Bank through occasional inspections.
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