[2021 National Audit] Ko Seung-beom "Considering Expansion of Capital Market Special Investigation Team Personnel"

[Image source=Yonhap News]

[Asia Economy Reporter Park Ji-hwan] Ko Seung-beom, Chairman of the Financial Services Commission, announced on the 6th that he is considering increasing the personnel of the Capital Market Special Judicial Police (Special Judicial Police) under the Financial Supervisory Service.

On the same day, during the National Assembly's Political Affairs Committee Financial Services Commission audit, in response to a question from Kim Byung-wook, a member of the Democratic Party of Korea, asking "It has been two years since the Special Judicial Police was launched; what is your view on this?", Chairman Ko said, "I think it has been meaningful," and added, "We are reviewing plans to expand it."

Rep. Kim said, "The Special Judicial Police currently investigates mainly unfair trading practices occurring in the capital market, but considering the recent Merge Point incident, I think the scope of investigation should be expanded to the entire financial market."

In response, Chairman Ko emphasized, "As digital financial crimes are increasing, I believe there is a need to expand the investigation scope, and I will review whether there are feasible measures."

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