Measures taken as a result of investigation and supervision of business reports, etc. – Measures decided at the 20th Financial Services Commission

News Corporate Finance & M&A Sanctions & Fines

Date: 27th Nov, 2024 Source: Financial Services Commission Country: South Korea Original Source

Brief

On 27/11/2024, the "Financial Services Commission" issued an update regarding "Measures taken as a result of investigation and supervision of business reports, etc. - Measures decided at the 20th Financial Services Commission". The commission imposed fines on three companies, including KakaoMobility, for violating accounting processing standards, with fines totaling KRW 3.46 billion. Additionally, an auditor was fined KRW 160 million for violating auditing standards.

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Financial Services Commission

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Measures taken as a result of investigation and supervision of business reports, etc. – Measures decided at the 20th Financial Services Commission

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Measures taken as a result of investigation and supervision of business reports, etc. – Measures decided at the 20th Financial Services Commission

Brief

Financial Services Commission

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