[2020 National Audit] Yoon Seok-heon "Lime Scandal, Need to Consider Advance Payment Based on Estimated Loss"

[Image source=Yonhap News]

[Asia Economy Reporter Park Jihwan] Yoon Seokheon, Governor of the Financial Supervisory Service, stated on the 13th regarding the Lime Asset Management private fund redemption suspension incident, "It is necessary to consider a direction to first proceed with payments for the estimated losses based on an agreement with the sellers."

Governor Yoon responded to a question from Kim Han-jung, a member of the Democratic Party of Korea, during the National Assembly's Financial Services Commission audit of the Financial Supervisory Service, asking, "When will the Lime incident dispute resolution be completed?" He said, "I think it will take some time." He also explained, "There are still parts where losses have not been confirmed, so we are making efforts to shorten the process as much as possible."

Governor Yoon emphasized, "However, the method of prepaying the loss amount based on estimated losses requires an agreement from the sellers," adding, "Sellers may also positively consider this from the perspective of customer protection."

This content was produced with the assistance of AI translation services.