KR
Financial Supervisory Service (South Korea)
South Korean integrated financial regulator operating under the Financial Services Commission.
REGULATOR PROFILE
- Regulator: Financial Supervisory Service (South Korea)
- Jurisdiction: KR
- Statutory Role: South Korean integrated financial regulator operating under the Financial Services Commission.
- Indexed Cases: 2 enforcement actions in this jurisdiction.
PRIMARY ENFORCEMENT ACTIONS IN KR
2 ACTIONS| Case Title | Status | Primary Scheme | Overstatement | Total Penalties | Action Date |
|---|---|---|---|---|---|
| Samsung BioLogics: 4.5 Trillion Won Acquisition Accounting Inflation | ADJUDICATED | acquisition accounting abuse | $3.8B | $7.0M | September 20, 2020 |
| Daewoo Shipbuilding: 5 Trillion Won Loss Concealment via Percentage-of-Completion | ADJUDICATED | premature recognition | $4.5B | $0 | September 20, 2018 |