| Mobile Web

Search results for Sept. 11

Finance

KB Financial starts process to select next chair, final candidate due Sept. 11

KB Financial Group has begun the process to select its next chair. Its chair nomination committee said it will hold at least three meetings and name a single final candidate on Sept. 11. The committee approved detailed rules and cut its long list from 20 to 12 candidates, split evenly between internal and external candidates. It also said it will extend verification and provide external candidates about two months to prepare for interviews.

AI & Enterprise

Draft amendment to enforcement decree of Personal Information Protection Act put up for public comment

South Korea\'s Personal Information Protection Commission will put a draft partial amendment to the enforcement decree of the Personal Information Protection Act up for public comment from June 2 to July 13. The move follows revisions to the law taking effect on Sept. 11. The draft details which personal information processors must obtain board approval and report to the commission when appointing, changing or dismissing a chief privacy officer, and sets reporting procedures and timelines. It also specifies ISMS-P certification obligations, breach-risk notice requirements and fine standards.

Crypto

U.S. CLARITY bill faces nine-week window before August recess, delay could push it to 2030

The U.S. crypto market-structure bill known as CLARITY is entering a decisive period ahead of Congress\' August recess, with the Senate needing to complete a vote within roughly nine weeks. With limited floor time in June and July and other priorities waiting, securing a slot is difficult. Disagreements remain over stablecoin profits, anti-money laundering rules, DeFi protections and ethics provisions. Supporters warn delays could reduce passage odds and potentially push broad legislation to 2030.