All posts tagged "Shinhan"
-
144Fintech / RegtechS. Korea: MyData Launch to be Delayed for More Testing
The Covid-19 pandemic and a lack of IT engineers are said to be stalling system development and API testing.
July 17, 2021 -
393Asia-PacificMyanmar: Korean Banks Raise Vigilance After Employee Shooting
A Shinhan Bank employee has died after being shot in the head by Myanmar's military forces. Meanwhile, local private banks are being fined for remaining closed.
April 6, 2021 -
235EnforcementKorean Bankers Grow Fearful of ‘Unilateral’ Regulatory Penalties
Korea Federation of Banks chairman says the punishments imposed against executives whose banks sold Lime funds are seen by many as a way to shift blame.
March 11, 2021 -
235EnforcementFSS Chief Faces Resignation Calls over Personnel Management
Yoon Suk-heun, whose three-year term ends in two months, allegedly promoted certain officials who had been punished for hiring irregularities.
March 10, 2021 -
257EnforcementKorea FSS to Punish Top Woori, Shinhan Executives – Report
Woori Financial Group’s chairman may be suspended from his duties, while the Shinhan Bank’s chief executive may receive a reprimand warning.
February 5, 2021 -
392Asia-PacificMyanmar Banks Reopen Amid Military-led State of Emergency
Some foreign banks have launched emergency safety measures, ordering employees to stay at home or halting operations indefinitely.
February 3, 2021 -
219KoreaS. Korea Selects Market Makers for Won-Yuan Direct Market
The selected banks will play a leading role in price formation and in supplying liquidity to the KRW/RMB direct trading market.
January 3, 2021 -
358Capital RegulationKorea FSS Considers Imposing Limits on Bank Dividends
While banks performed better than expected this year, the FSS is concerned about new Covid-19 cases being detected in Korea and resulting economic uncertainty.
December 23, 2020 -
419EnforcementSeoul Court Jails Daishin Securities Executive Over Fund Losses
The FSC has also revoked the registration of Lime Asset Management, imposed a 950mn won fine against the firm and ordered the suspension of its staff and executive personnel.
December 7, 2020 -
506Capital Regulation
Korean Banks Move to Lower Lending Limits for Overdraft Accounts
Major Korean banks have started lowering limits on overdraft account products, amid a move by financial regulators to curb the accumulation of household debt.
November 25, 2020
