Banks 'beat' raise fines 12 times

The [South Korea Jeongseon financial newspaper reporters - bank deposits, insurance, fund selling fitted to the borrower the impression that the so-called fine up to 12 times the average for the 'beat' behavior.

Financial Services Commission heralded the "Supervisory Regulation amendments' content regulatory changes, including adjusting the standards imposed penalties to beat 17 days.

You gotta set the current regulations In the bank received the first 12 minutes the upper limit of the amount of fines imposed fines actual amount is too low and deal with 3 million won to 80 10 000 had pointed out. The average fine is ₩ 380,000 level.

Because regulations are applicable to beat jeosinyongja SMEs, and most of the Borrower does not have a lot of banks have received money immediately terminate the product subscription to beat.

Financial authorities have the amount you delete a 'one-twelfth of the amount of money the bank received "item and calculated by multiplying the ratio of 5-100% fines imposed on the reference amount to 25 million won in fines imposed. According to the regulations by changing the penalties beat cases are expected to increase by an average 4.4 million won.

In addition, the Bank was initially established as a reliable after sales include sales also start to focus on content management to defer the evaluation until the situation over the three years. The bank was able as early as professional Internet ahead of the launch next month, could cause the relevant benefits.

This year, the foreign currency liquidity coverage ratio (LCR) introduced April are included in liquidity category status evaluation items of management evaluation. Wrongful act of another issue that will issue a certificate of deposit balance is also added to inflate sales abusive behavior.

Financial Services Commission is planning to enforce the rules changed over the 4th of July decision comes after the Financial regulatory review and regulatory changes prior notice.

Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com