“We are working carefully with the prosecution and the customs office to expose the information.”
“This is the initial time that the interest level distinction between mortgage and deposit is disclosed, so it is insufficient … We will try to boost it inside of the 2nd time”
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(Seoul = Yonhap Information) Journalist Lim Hwa-young = Director of Fiscal Supervision Lee Bok-hyeon speaks at a meeting of modest and medium-sized enterprises (SMEs) and small enterprises associated to fiscal issues held at the Agricultural and Fisheries Cooperation Foundation for substantial and smaller firms in Jung-gu, Seoul on the early morning of 5. 2022.9.5 [email protected]
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(Seoul = Yonhap News) Reporter Joo-hyun Oh = Director of Economic Supervision Lee Bok-hyeon explained he is cooperating with the prosecution and the Korean Customs Assistance relating to foreign exchange transactions well worth 8 trillion di received or additional not too long ago discoveries in the banking sector mentioned it would cooperate as a lot as feasible.
President Lee launched this assertion after assembly reporters pursuing the “Going to KB Soho Mentoring University” meeting held at the Kookmin Lender headquarters in Yeouido, Seoul on the afternoon of the 5th.
When questioned, “Did you know Attorney Standard Han Dong-hoon was on a business trip to the United States to function with the United States Federal Bureau of Investigation (FBI)?” Lee asked: “I you should not know what the Justice Minister has talked about with international authorized organizations.”
Minister Han is regarded to have fulfilled with FBI officers on a company vacation to the United States on June 29 to go over methods to collaborate on cryptocurrency. For this rationale, some have lifted the possibility of a cooperative investigation becoming conducted with the United States in relation to international trade transactions in the banking sector.
Director Lee mentioned: “We share the scenario carefully sufficient with the prosecution and provide the important support,” he exaggerated.
President Lee claimed he is conscious of numerous issues about the not long ago executed personal loan-to-deposit fascination amount variation disclosure procedure and said he will improve it in the future.
Because the implementation of the scheme, worries have emerged that banking institutions lending for minimal- and medium-credit history financial loans will lead to a bigger desire fee on the mortgage if the distinction in desire prices between deposits becomes larger or if the COFIX (price tag index financing) raises owing to an excessive raise in the fascination price on deposits.
He reported, “It truly is my 1st time, so there may possibly be some items I’m lacking.”
On the 31st of very last month, Lone Star, a US private equity fund, did not speak about the analysis of the final result of a lawsuit versus the Korean governing administration for a 6 trillion gained payment assert.
The Arbitral Tribunal of the Intercontinental Investment Dispute Settlement Center (ICSID) requested the governing administration to spend 280 billion won.
Director Lee mentioned: “It is difficult to assess the instances associated in the previous, but looking at the gist of the ruling, I know that he pointed out violations of the Securities Trade Act linked to the manipulation of the reduction ratio in the Korea Exchange Card Merger course of action, in which He was concerned”.
With regards to the stage where by the software of the Dispute Mediation Committee of the Fiscal Supervisory Support with regards to Germany’s Asset Fund is overdue, he stated: “We are earning many efforts in the data safety procedure.
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