Financial authorities, discuss penalties sanctions on Vietnam landmark 72 'Mirae Asset treatment

[Korea goyounghun financial newspaper reporters] are expected to impose fines on Daewoo Mirae Asset (formerly MAS), the financial authorities to sell the goods to private participants type format violating disclosure obligations. There are many recruiting amount of this product also looked more charges are expected to be level.

According to the financial investment industry, the Financial Services Commission will open a day, 20 days Capital Market Research Committee to discuss the proposal to impose a penalty for the related asset-backed securities (ABS) issued 72 landmark buildings in Vietnam Mirae treatment. Two months it expected to be finalized 28 days after resolution of the Securities and Futures Commission. Current Disclosure Violation fines the maximum limit is 20 million.

Last August, MAS has sold 72 office buildings in Vietnam landmark private equity approach to asset-backed securities (ABS) to more than 500 private investors.

This item is on the condition that a contract of annual interest of 4.5% due 6 months minimum subscription amount was 2 million. Gotta wanpan 250 billion won worth of orders in two days ryeoteumyeo the popular press in the process Daewoo Mirae recruited investors to fewer than 49 per share the company's established 15 special purpose company (SPC).

In the case of private goods is obliged to submit a report to the Securities Investor Protection gotta exemption free products compared to the IPO. Because of this, Mirae side ahninya wrote that the trick is dwaeteotda raised suspicions.

In the meeting, the percentages are cleansed by the fines to be imposed on the capital market research business rules in accordance with the disclosure violations.

FSC Capital Market Force official said, "If you, if applying the fines percentage of 0.8% in the recruiting amount of 250 billion won penalty comes up to 2 billion won," said "perhaps if 0.7% of the applicable penalties are out the 1.75 billion won, and after jeungseonwi If you go through a penalty scale can be changed again, "he said.

In addition to the known open next month, the FSS also sanctions Committee to deliberate on the agenda of the Mirae Asset disciplinary institutions such treatment.



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