The third party's lawmakers, large negative solicitation aimed at 'illegal profits restitution law' initiative

[Korea financial newspaper jeonghuiyun News] foot the bill for so if you have 64 lawmakers party's three, including Park, Young - Sun lawmakers received more than 50 billion to the wealth or property through criminal activity to penalties and restitution for unjust profit write to victims did.

What's more information that allows retroactive application of the special law, even if the previous one due to receiving proceeds of crime a criminal offense, then the debate is expected to yirwojin.

If the perpetrator, as well as carried out for non-criminal who acquired certain crimes, such as money had to be a person who is not restitution claims for the culprit.

28 days turned to participate lawmakers' legislation on the restitution and redress of certain property crimes, such as money, to the National Assembly.

Night Congressman especially the "big companies support a large amount of illegal solicitation to conditions and holding illegal acts by the dwitgeorae their place" and "enterprise associated with the actual choesunsil are tolerated, pardon return for shortcuts inheritance and gift, various business preferences, future argued that the situation of illegal profit taking many forms, such as government budget commitments. "

Following "received a convicted bargain issued in the case of Samsung the past SDS BWs, resulting samseongga three siblings, including Lee Jae-yong, yihaksu, giminju former president, etc. gained enormous illicit capital appreciation of a number of astronomical trillion," said Lee Jae-yong, Samsung Samsung Electronics vice chairman pointed stakeholders, including targeted.

In addition, Rep. Park "is in the case of foreign-exchange with respect to the proceeds of crime already has a very sophisticated and comprehensive restitution proceeds of crime and enforce the law," it claims also smoked.

And during the US civil regulations all confiscated by the confiscation and criminal procedure by the enemy procedures and implement the introduction of the provisions of the federal level In the case of the UK and Commonwealth countries such as Australia and New Zealand have a separate special law for the restitution of revenues crime one that would enact and enforce very diverse and sophisticated procedures.

The bill will also allow interested parties can appeal to participate in the restitution claims.

Install a particular property crime victim relief funds by the Ministry of Justice was required to use all or part of the proceeds of crime attributable to treasury in accordance with the decision on restitution redress of victims of crime.

There is one special legislation included a double punishment and legislative provisions are retroactive controversy two days forecast.

Rep. Park said, "I will so as to allow the 20 National Assembly of the Republic of Korea for economic justice can establish a right to pass the law."

The bill was initiated, the Democrats are per definition has participated and were joined nonpartisan lawmakers also inssik each one including a party of six people as well.



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

Moody's "increased household debt, negative credit ratings on Korea"

[Korea Jeongseon financial newspaper reporters - International credit rating agency Moody's said that 27 days' growth while South Korea's household debt is negative for sovereign credit.

Moody's, the downside risks to the growth in consumption and increase vulnerability to soaring household debt has reduced incomes and rising interest rates, the day view from your credit report, he said.

Moody's has analyzed that "Korea's household debt is rising while dwaetjiman mortgage loans increased and accelerated after 2014, there was no corresponding rise in the value of assets.

Following Moody's explained that "60% of mortgages are variable rate loans then there are exposed to interest rate risk.

Before July 21, Moody's sovereign credit rating of Korea to 'Aa2', rating outlook is reaffirmed in the bar 'stable'.

Meanwhile, according to the Bank of Korea, the end of last year, household credit balances surged 141.2 trillion won (11.7%) than in 1344 tighten the end of 2015 300 billion won (1203 1000 1 trillion won). This amounts to 83% of gross domestic product (GDP).

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

Hanwha life, far from the only way to go negative margin risk mitigation expectations - Shinhan geumtu

It was [Korea goyounghun financial newspaper reporter] Shinhan Investment far only way to go for 24 days Hanwha Life negative margin is expected doendamyeo risk mitigation target price of short-term BUY recommendation is to keep 7300 won.

4Q11 Earnings Hanwha individual life lasted a deficit pretax profit -403 million. Net income was also lower than both our estimate and the consensus -303 million.

Shinhan Investment hands unknown researcher "Suicide claims paid one-off costs of dwaeteumyeo additional variable insurance guarantee reserves that are commonly reflected in the end the industry annually earn reflects 178 billion won bonus payment of about 350 billion and approximately 20 billion won was also there," said "Last year 10 risk of negative margin thanks to a life insurance company to a global rebound since March has entered the interest rate easing trend, "said diagnosis.

If interest rates are kept at the current level it is expected later this year will reduce variable insurance guarantee reserves earn additional burden.

Was hand-researcher "negative margin risks of October last year after thanks to global interest rates rebound life insurer has entered the easing trend" and "solvency ratio (RBC) regime headwinds last year, the third quarter of 289.8% of the enhanced interest rates and a rebound RBC He explained that the review of the rate hybrid capital securities of the scale corresponding to 500 billion won to 200.4 percent plunge into the end of the year. "

He continued to consider including "The recent trend increases the possibility the United States in March rate hike are mitigated negative margin risk as interest rates rebound is positive," said "negative spread burden is still serious, but two shareholder stake possibility of a Deposit Insurance Corporation were reiterate, "he said.



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