FSS Inspects Internal Controls of 30 PEF Managers… "Preventing Socially Controversial Incidents"
4 Articles
4 Articles
The Financial Supervisory Service (FSS) is launching an inspection of the internal control systems of private equity fund (PEF) management companies dedicated to institutional use. The aim is to enhance market confidence by verifying the operational status of internal controls and improving the system. The FSS announced on the 12th that it plans to inspect the internal control systems of approximately 30 domestically registered PEF management co…
(Seoul = Yonhap News) Reporter Kim Ji-yeon = The Financial Supervisory Service is launching an inspection of the internal control status of private equity fund (PEF) managers.
The Financial Supervisory Service (FSS) is launching a large-scale fact-finding inspection to verify whether the internal control systems of private equity fund (PEF) managers are functioning properly in practice. The aim is to restore market confidence by eradicating the practice of so-called "internal controls in name only," where internal regulations are formally in place but actual controls are not enforced. The FSS announced on the 12th th…
[Digital Daily Reporter Kim Nam-gyu] The Financial Supervisory Service (FSS) is launching an inspection of the internal control status of approximately 30 domestic private equity fund (PEF) management companies. Focusing on large management firms, the inspection will examine whether conflicts of interest management, employee stock trading, and compliance monitoring systems are functioning properly, and on-site inspections will also be conducted …
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