Showing posts with label violations. Show all posts
Showing posts with label violations. Show all posts

Wednesday, March 1, 2017

Jeungseonwi, accounting violations, hangnam built together, including five Sanctions



[Korea financial newspaper goyounghun News] FSC Securities and Futures Commission measures over the last 28 days 4 Securities issued for five companies, including violation of accounting standards at the meeting to create the financial statements, disclose the hangnam limit, auditors specify such .

According to the first day jeungseonwi hangnam 10 months, it was the securities issued limitation, the auditor 3 years designated measures to Consolidated Financial Statements errors.

Great Lakes Hitech has received a two-year action eight months to issue securities based sales and purchases a false limitation, the auditor assigned. The industry is one trillion days two auditors designated four months to issue such securities sales and cost of sales accounted for over-year limit, jemaen Company was cheobunreul designated officer to two years limited to four securities pledged not to raise the contents month.

Bild also received four months to gather restrictions listed securities to valuation allowances to be false, disciplinary officer designated two months.



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

Tuesday, February 28, 2017

Jeungseonwi, disclosure violations up to 2 billion won fines imposed on the Daewoo Mirae



[Korea goyounghun financial newspaper reporter] Financial Services Commission under the Securities and Futures Commission decides on the agenda to impose fines 2 billion won in Daewoo Mirae Asset disclosure violations caught by conspired to asset-backed securities that were sold 28 days (ABS) products like private equity.

Jeungseonwi according to the original bill passed the jejaean of the last 20 days deliberation in the capital market research Committee fines two billion won. Daewoo Mirae Asset has sold 72 Vietnam landmark building related to the ABS 500 last year.

But that was controversial things tricky taken a de facto private format in a way that makes the sale of 15 special purpose corporation (SPC). Proceed with a private placement funding scheme without submitting a notification obligations of the public offering of securities products that the product was sold ruins.

The penalty is two billion won to its current maximum amount for the securities regulatory notice Not submitted. Sanctions for Daewoo, Mirae Asset is expected to be finalized at the regular meeting of the Finance Committee next month, 8 days.



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