If history is a violation of the [financial newspaper goyounghun Korea News] financial future laws it will not be able to make similar investment advisory five years.
Financial Services Commission and the Financial Supervisory Service announced a "similar investment advisory and supervisory system improvement plan" that includes these details 26 days.
It had similar investment advisory business conduct multi illegal possession only two possible sales report. This financial crisis is a new reporting requirements for such disqualification finance laws violators. Similar investment advisory mandate to receive the self-check is performed wholesome pre-sales training, etc. Financial Investment Association, and the expiration date sales report periodically renewed every time it limits eligibility to five years and also sales training again.
This authority is canceled when the partial legal business conduct. However, the abolition, to change business reporting for duty, but this provision no sanctions had been doing business with some ghost companies. Check operating behavior of the monetary authorities results of the 1075 Vendor Report carriers have revealed that 26.3% of the 283 individuals who have a tricky business to continue despite the closure report to the IRS.
If you have a closure report to the IRS business registration if the erasure, who laid the legal basis to cancel the complaint ex officio, and data submission requirements breach, reported in succession three times or more violations of obligations imposed fines has on the market It is withdrawn.
Similar investment advisors will be added penalties, including criminal penalties, even imprisonment of less than 30 million won or less imposed a fine of 10 million won and less than 1 year when undeclared sales if you breach it without a legitimate reason for data submission requirements. Criminal law for undeclared similar to the current investment advisors Legislation is under review.
Business Conduct Survey transfer the operating behavior at all times supervised transition to a regular 2-3 years, and such complaints occur around the company it plans to focus on checking the illegal activities. Damage occurs to build a cooperative system with related agencies such as the police, the Korea Consumer Agency it plans to respond quickly and efficiently hagetdan.
It also plans to build even the Korea Communications Commission, Securities TV broadcasters as cooperation so that checking the illegal business conduct, unsound using regular broadcast, and the broadcast debut of the limited unauthorized indiscriminate similar investment advisors. This can be interpreted as a willingness of the authorities getdaneun just like last year, Lee Hee-Jin crisis.
Sales behavior for power bloggers, including many annual revenues are more than 100 million won Members advisors also strengthen supervision and financial authorities are also planning to conduct Lava check for the closing of the sales advisors directly and negatively signed up as a paying member.
FSC gimgihan Asset Management Director, said, "The annual 40-50 will conduct checks on the supplier Lava" and "will enable the market-friendly tort surveillance report using illicit financial reward, such as the paparazzi."
The financial authorities that promote systemic improvements are possible amendment bill is passed this year, director improvements made plans to build a rapid cooperation channels and related organizations.
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