Financial Supervisory Service Appeals Second Trial Ruling on Former Hana Bank CEO Ham Young-joo's Sanction Cancellation Lawsuit
"Unclear Aspects Remain, Final Judicial Position Needs Confirmation"
Seoul Yeouido Financial Supervisory Service building. Photo by Younghan Heo younghan@
View original imageThe Financial Supervisory Service (FSS) has decided to appeal to the Supreme Court regarding the second-instance ruling (Seoul High Court 2022Nu38955) on the cancellation lawsuit of sanctions filed by former Hana Bank President Ham Young-joo and others related to the sale of derivative-linked funds (DLF).
On the 14th, the FSS announced that after external legal consultation and discussions with the Financial Services Commission, it decided to appeal to the Supreme Court on the same day.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
The FSS stated, "We respect the second-instance court's ruling on former President Ham and others," but added, "Considering that there are still unclear aspects regarding the legal issues related to the establishment of internal control standards, we decided to appeal to confirm the judiciary's final position."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
