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Telecommunications & Media

Broadcasting media telecommunications commission holds joint drill to prepare for broadcast transmission outages

The Broadcasting Media Telecommunications Commission held a joint drill on Oct. 30 at TV Chosun’s Seoul headquarters as part of the 2026 national disaster response exercise. Fifteen related agencies took part, including TV Chosun, a local fire station, district office and police station. The exercise simulated a broadcast transmission outage caused by heavy rain and fire, focusing on inter-agency coordination, emergency transmission and procedures to restore broadcast functions.

Finance

Prosecutors raid Daishin Securities, reviving brokerage internal controls debate

A prosecutors’ raid on Daishin Securities in a probe into alleged price manipulation involving a manager has reignited concerns over the effectiveness of internal controls across South Korea’s brokerage industry. The employee is suspected of colluding with outside actors to boost a KOSDAQ-listed stock and generate illicit profits worth tens of billions of won. Daishin says it detected suspicious trading early and reported the case, but some see the investigation expanding. Regulators and firms are also stepping up internal-control measures.