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Financial Services Commission Considers Penalties for Lending Companies Not Participating in New Leap Fund
Summary by 조선일보
2 Articles
2 Articles
The Financial Services Commission is considering imposing penalties on lending companies that do not participate in the "New Leap Fund," a debt forgiveness program for long-term delinquents. The lending industry has not been actively participating in the New Leap Fund because it can obtain higher prices by selling delinquent debt on the market. According to financial authorities on the 24th, the FSC is reviewing a plan to provide incentives and …
The financial penalty imposed on the company is less than the amount requested by the Sanctions Commission on 25 June.
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100% Right
R 100%
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