Search results for internal control
Finance
Woori Bank to strengthen data, AI-driven sales in second half, expand cross-group collaboration
Woori Bank plans to strengthen sales in the second half of 2026 by overhauling its sales territories and marketing system using public data and customer information and introducing AI agents to improve productivity. The bank said it will also expand collaboration among business groups and tighten internal controls. It cited a broader customer base, asset rebalancing and improved capital ratios as groundwork for growth, and noted Fitch raised its viability rating to A from A- in July.
Crypto
Coinone says FIU approves major shareholder change, Hankook Investment Securities and OKX join as shareholders
Digital asset exchange Coinone said the Financial Intelligence Unit has approved its filing to change major shareholders. Coinone said it completed the approval on July 22 and had earlier obtained approval on June 26 for an executive change filing. It said the approvals complete key reporting steps needed for new shareholders to join, including Hankook Investment Securities and OKX Ventures, alongside existing shareholder Com2uS Holdings.
Finance
Toss becomes first big tech financial conglomerate, enters group supervision
Toss has entered South Korea’s group supervision framework after being designated a financial conglomerate, the first such case among big tech financial groups. The designation adds group-wide oversight of capital adequacy, intra-group transactions and risk transfer on top of sector-by-sector rules for affiliates such as Toss Bank and Toss Securities. Authorities will assess the group every three years, apply capital rules at group level and tighten internal transaction procedures, while key requirements are deferred for six months.
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Finance
Korea Fintech Industry Association, FSS check payment risks and internal controls at electronic financial firms
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Finance
Governance rules added to performance scorecard as fate of South Korea’s top five bank chiefs hangs in balance
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Crypto
K Bank to cooperate with Hong Kong\'s HashKey Group on digital asset remittances and payments
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Finance
IBK Industrial Bank of Korea reorganises for second half, strengthens policy finance and AX
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Crypto
Mirae Asset clears Korbit takeover as Naver-Dunamu tie-up stalls
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Finance
NH NongHyup Financial speeds up AI shift, begins building group governance
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AI & Enterprise
NIA obtains ISO 37001 certification
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Finance
Financial sector \'digital risks\' rise, putting IT controls to the test
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Finance
Woori Bank reorganises to strengthen data-driven sales and internal controls
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Crypto
FSS chief urges digital asset CEOs to strengthen firmwide internal controls
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Finance
No exceptions to accountability as savings banks adopt accountability maps
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Crypto
Taiwan passes new crypto law, sets regulatory framework for stablecoins and exchanges
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Finance
NH Investment & Securities launches dual CEO system with Shin Jae-wook and Bae Kwang-soo
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Crypto
Dunamu holds compliance management pledge ceremony, strengthens internal controls
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Finance
Big tech financial platforms tighten internal controls; banks compete for young customers