As soon as the March shareholders' meeting season ended, corporations' value-up disclosures also sharply declined. Although the government promised to commend excellent listed companies for value-up initiatives and offered incentives for audits and sanctions, only 5% of all listed companies particip...
Chairperson Jo Gyu-hong of the National Pension Fund Management Committee (Minister of Health and Welfare) said on the 17th, “We will actively support infrastructure expansion and other measures to diversify investments and enhance revenue of the National Pension Fund.” Chairperson Jo attended the '...
The shock from Shinhan Investment Corp.'s 130 billion won operating loss incident had not yet faded when issues of internal controls began to emerge at Shinhan Asset Trust (formerly Asia Trust). This company, which was acquired by former Shinhan Financial Group Chairman Yoo Yong-byeong as a new grow...
Timefolio Asset Management, which has positioned itself as an 'active dynasty', has faced a setback in the competition to manage value-up exchange-traded funds (ETFs). It has been identified as the only value-up ETF listed on the domestic stock market that has recorded a negative (-) revenue this ye...
The Financial Services Commission noted that on the 16th, it held its 7th meeting at the Government Seoul Building in Gwanghwamun, and decided to impose a penalty surcharge of 45 million won on three company officials, including the former CEO of SETOPIA, for violating accounting standards in prepar...
The financial authorities, which were reviewing the suitability of Korea Corporate Governance Improvement (KCGI) as a major shareholder of Hanyang Securities, decided to ultimately suspend the examination process. This decision was made because of the high possibility of sanctions as KCGI is undergo...
Kiwoom Securities and KakaoBank announced on the 16th that they signed a strategic memorandum of understanding (MOU) to expand the non-face-to-face asset management environment and enhance the customer-centered investment experience. The signing ceremony took place the previous afternoon at the Kiwo...
Mirae Asset Securities announced on the 16th that it has established an 'AIOps (AI Operations) platform' to automate work based on artificial intelligence (AI) and to expand the use of AI. AIOps is a technology that automates and simplifies information technology (IT) systems operations based on AI ...
Financial authorities are expected to soon transfer the investigation details regarding MBK Partners and Homeplus management to prosecutors. This is because the prosecutors have already launched an investigation into the matter. The option to transfer the case to prosecutors through the fast-track (...
Lee Jun-yong, vice chairman of Mirae Asset Global Investments, said on the 15th, "Innovation in the retirement pension market must lead to effective revenue management beyond competition over the size of accumulated funds." The vice chairman attended a press conference commemorating the launch of th...
