• Follows SK FSC June 2024 approved its organizational restructuring.

Key Points

• Discussed measures to strengthen inter-institutional cooperation according to the increase in SK FSC's investigation personnel, diversify disciplinary means for unfair trades and strengthen punishment, as well as improve investigation efficiency.
• SK FSC and the prosecutor's office will designate cooperation officers to share information on investigations and disciplinary actions, discuss advance fine imposition.
• SK FSC, SK FSS, KRX, the prosecutor's office will promote a legislative progress to strengthen the effectiveness of disciplinary actions against unfair trading practices.
• Such as orders to restrict trading in financial investment products and the appointment of executives at listed companies and financial companies, payment suspension for accounts related to unfair transactions, and an increase in the level of punishment.
• In addition, attendees agreed to take strict action against illegal short selling.
• While improving the existing unfair trading response system, which is comprised of suspicion detection by KRX, investigation by SK FSC/SK FSS, disciplinary actions by SK FSC, investigation by the prosecutor's office, and criminal punishment by the courts.