Monday, April 24, 2017

Banks 'beat' fine impression ... Average 38 → 440 manwon



[Korea Selected financial newspaper reporters - come the penalty for the 'beat' of Kane banks to join the deposit-insurance fund, including the condition of the loan is 12 times higher than the average from the previous impression 25.

FSC is the "Supervisory Regulations amended the fines imposed on criteria such as 'beat' announced on the 24th that effect from the 25th of this month.

In this amendment it was to delete the upper limit for fines imposed in the amount of 1, 12 minutes by the Bank receives. Meanwhile, beat and regulations applicable to jeosinyongja, SMEs, most borrowers to immediately terminate the product subscription to beat low monetary sanctions are effective, there has been pointed out.

When it caught the beat acts 5-100% range weigh the seriousness and the deliberate damage of the base amount (2500 million) it is expected within the fine imposed. Penalties are expected to rise up to 12 times more than the current average of 380,000 won to 4.4 million won per average.

After the start of sales for the new bank not to receive a management assessment of the situation three years as the financial authorities exception was also put. Also reflects the foreign currency liquidity coverage ratio (LCR) introduced in January this year, the liquidity of the business sector endpoint status assessment.

Wrongful act of issuing the certificate is also added to the deposit balance unsound business practices.

Juchaemu Series selection criteria for companies that PEF is acquired to enable the private equity fund (PEF) was established and investment was also clarification. The PEF under each special purpose corporation (SPC) is selected by a separate group of enterprises argument.

· Realtor marketing investment is the change in the eligibility requirements to become a shareholder holds in excess of the limit Bank net capital ratio (150%) to capital ratio (100%).

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