| Mobile Web

Search results for Financial Consumer Protection Act

Finance

Pinda provides compliance training for all employees

Pinda has conducted compliance training for all employees to strengthen its ability to respond to compliance risks and improve understanding of key financial regulations, including MyData and the Financial Consumer Protection Act. The company said the first-half 2026 programme covered obligations for MyData operators, personal credit information protection and conflict-of-interest prevention. It also addressed rules on advertising, solicitation and brokerage, and requirements for loan brokerage businesses, alongside supervisory trends and sanction cases.

Finance

FSS expands inspection of Mirae Asset Securities to review SpaceX \'zero-share allocation\'

South Korea\'s Financial Supervisory Service is expanding its inspection of Mirae Asset Securities over a SpaceX IPO subscription that ended with a final allocation of zero shares. The review, initially focused on professional investor registration, is widening to include investor protection and internal controls. The watchdog is checking the full process from subscription to failed allocation, including investor notifications, subscription solicitation and marketing. Complaints have also been filed with the regulator.

Finance

Hong Kong ELS fine decision delayed again as FSC deliberates for two months

A decision on fines over banks\' alleged mis-selling of equity-linked securities tied to Hong Kong\'s H-share index has been delayed again in South Korea. The Financial Services Commission did not put the item on the agenda for its regular meeting on April 15, making a conclusion this month unlikely. The FSC received the case from the Financial Supervisory Service\'s sanctions panel in February but has yet to decide. The panel had decided on about 1.4 trillion won in fines.