NH NongHyup Financial Group Holds Compliance Monitoring Council to Discuss Strengthening Internal Controls

NH NongHyup Financial Group held a Compliance Monitoring Council meeting to discuss strengthening its responsibility management system and internal controls.

Yoon Gitae, Compliance Officer at NongHyup Financial Group (second from the left in the top row), is presiding over the NongHyup Financial Group's Compliance Council. Provided by NongHyup Financial Group

NH NongHyup Financial Group announced that on February 10, it held the "2026 1st NongHyup Financial Group Compliance Monitoring Council" at its headquarters in Jung-gu, Seoul, with 11 compliance officers from the holding company and its affiliates in attendance.

At this meeting, participants discussed: plans for the stable establishment and streamlining of the responsibility structure chart to strengthen the responsibility management system; enhancement of internal controls through reviewing cases of financial accidents and preventing their recurrence; and a report on the implementation assessment of the Financial Intelligence Unit system related to anti-money laundering. The Financial Intelligence Unit is an institution that supervises and inspects financial institutions' work related to reporting suspicious transactions.

Yun Gitae, Compliance Officer at NH NongHyup Financial Group, said, "To restore trust in the recently deteriorated financial market and to establish responsible management at NongHyup Financial Group, efficient operation of the responsibility structure chart and robust internal controls are essential," adding, "The efforts of all subsidiaries are urgently needed so that we can firmly establish a culture of proactive prevention of financial accidents and active responsible management."

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