Monday, March 20, 2017

Financial Supervisory Service, the third year the financial reform promotion practices ... Insurance, loans improved focus



[Korea goyounghun financial newspaper reporter] Financial Supervisory Service should promote the third "national experience 20 (大) financial reform practices" for the advancement and enhance public confidence in the financial announced Tuesday. Looking at the challenges the view that focuses on improving lending practices and insurance side.

FSS has completed implementation of 320 (78.6%) of the end of February this year, a total of 407 detailed tasks. 20 has completed the primary task of the 208 232, when he conducted a secondary 112 of 175.

FSS side of the people and enhance ease of use of the financial, assessed that contribute to the improvement of public confidence in its financial results.

This was the third in the convergence of the various opinions in the last 1-2 general public, reporters, employees from various fields such as target in January each floor. Idea Competition earlier this year there were 605 cases received.

20 improvements for reform is △ financial firms center of irrational lending practices improve △ credit card companies, unreasonable high interest lending practices corrective △ insured notice, notification obligations rational improvements such as savings banks △ groups and retirement indemnity insurance improved △ financial investor protection vulnerability △ Insurance products are fully sold culture and promote effective dispute settlement fund maintenance and improvement fee △ △ online calculation system, activate the non-face-to-face transactions.

FSS subsequently announced reforms by the end of July comes the detailed action plan, and the plan is naegetdaneun visible results within one year based on voluntary participation and cooperation in the financial industry.



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