[금일 금융권 주요기사]Next month’s’Lime Fund’ dispute settlement begins… IBK,’severe disciplinary action’, etc.

【Youth Daily】 The Financial Supervisory Service notified the then-run chief Kim Do-jin of IBK Industrial Bank, a seller, of the severe disciplinary action in relation to the private equity crisis.

While the dispute settlement procedure between consumers and financial companies who subscribed to the Lime Private Equity Fund, whose losses have not been confirmed, resumes next month, the target banks for dispute settlement were Woori Bank, Busan Bank, and IBK.

Under the revised Animal Protection Act, the Ministry of Agriculture, Food and Rural Affairs makes it mandatory for owners of dogs to subscribe to liability insurance for dogs from February 12, and compensates for the deaths, complications and injuries of others caused by the dogs, and damages to other people’s animals.

◆ Financial Supervisory Service’Loss Unconfirmed’ Lime Fund Dispute Resolution in February

At the end of February, the Financial Supervisory Service (Financial Supervisory Service) promoted a plan to settle disputes based on the’estimated damages’ starting with Woori Bank, the largest lime fund sales at 357.7 billion won.

In principle, the fund can compensate for damages only after the damages are confirmed through redemption or liquidation, but the FSS agreed with the seller in advance, considering that waiting for the damages to be confirmed will increase the suffering of the victims.

The Financial Supervisory Service has completed the inspection of Busan Bank and is conducting a field investigation, and the IBK is scheduled to conduct a field investigation at the end of this month or early next month.

In addition to the selling banks, Shinhan Investment and Daishin Securities are expected to go through self-mediation based on KB Securities standards or go through separate dispute resolution committees.

◆ Financial Supervisory Service’Private Equity Situation’ Notified to the former president of IBK

The Financial Supervisory Service notified IBK of the disciplinary proposal earlier this month ahead of the Sanctions Deliberation Committee on IBK, which sold Lime Fund and Discovery Fund, on the 28th.

It is known that the disciplinary proposal included severe punishment against former chief executive Kim Do-jin, who led IBK at the time the fund was sold.

IBK sold KRW 366.2 billion and KRW 318 billion, respectively, to the Discovery US Fintech Global Bond Fund and the Discovery US Real Estate Senior Bond Fund from 2017 to 2019. However, as US managers were unable to recover the bonds invested by the fund Redemption of KRW 69.5 billion and KRW 21.9 billion, respectively, has been delayed.

IBK also sold 29.4 billion won of Lime Fund, which led to a large-scale redemption cessation, and was included in the FSS’s sanctions review for the private equity situation in February and March.

◆ Busan marine and fishery business start-up and investment support project…

The city of Busan will invest 2.2 billion won in total project cost to promote the ‘2021 Marine and Fisheries Startup and Investment Support Project’ that supports from new product development to marketing targeting entrepreneurs to small and medium-sized companies.

In detail, 65 companies are supported through close support programs such as enterprise-led programs to strengthen corporate R&D and marketing capabilities, corporate certification acquisition support, marketing solution support, exhibition participation support, and technology development support.

In particular, this year, due to changes in the internal and external environment and consumer market trends due to the novel coronavirus infection (Corona 19), the support period for technology development programs to strengthen corporate R&D capabilities while reinforcing programs such as online store support and development of convenient home-based alternative foods is also provided. I increase it.

◆ Financial Security Agency, launched a portal site service for data specialized institutions

The Financial Security Agency is said to start operating a portal to a specialized data organization that can use all the steps necessary to combine data with one stop.

Users can apply for services such as data combination from the portal and easily inquire usage history, and the Financial Security Agency is also planning to start operating a cloud-based remote data analysis center within the first quarter of this year.

The Financial Security Administration was designated as a financial data specialist in August last year, and performs tasks such as safely combining pseudonymous and anonymous information and evaluating whether anonymization is appropriate according to the requests of companies.

◆ Banking business hours normalized by easing the second stage of distance from Busan

As the social distancing measures were eased to the second stage from the 25th, banking hours in the Busan area also normalized.

Accordingly, the branch offices of financial institutions in Busan will operate normally from 9 am to 4 pm from this day to the 31st when measures to ease distancing take effect.

The financial industry employers’ council and the national financial industry union made a’joint declaration to overcome Corona 19′ in February last year, and decided to adjust the business hours according to the stage of distance.

◆ The government enforces mandatory insurance for dogs and dogs

The Ministry of Agriculture, Food and Rural Affairs is pushing for mandatory dog ​​insurance from February 12 in accordance with the revised Animal Protection Act.

In case of the death of another person or injuries to other people due to a blind dog, the insurance covers 80 million won per person, 15 million won per victim in case of injuries, and 2 million won or more per accident in case of injury to another person’s animal. .

These breeds are categorized into Tosa Dogs, American Pit Bull Terriers, American Staffordshire Terriers, Staffordshire Bull Terriers, Rottweilers, and hybrids.

The cost of enrolling dog insurance is 15,000 won per year (1,250 won per month) per animal, and if the insurance obligation is violated, a penalty of 1 million won, 2 million won for the second, and 3 million won for the third will be imposed.

◆ Stronger won on the rise of the stock market… the exchange rate fell to 1,100 won

The won-dollar exchange rate in the Seoul foreign exchange market started trading at 1,105.0 won per dollar, up 1.8 won from the previous trading day, then turned downward in the afternoon, and eventually closed at 1,100.7 won per dollar, down 2.5 won from the previous day’s closing price.

On this day, the won was clearly strong against the dollar, which was that the rise in the domestic stock market and foreigners’ net purchases worth 244.4 billion won in the securities market alone affected the trend.

Min Kyung-won, a researcher at Woori Bank, said, “We had a lot of tug-of-war with both the buying and selling of the dollar this morning, but in the afternoon, as the domestic stock market showed a marked rise and the Chinese renminbi also showed strong strength, the selling of the dollar became dominant.”

◆ Bank of Korea’s Daekyung Headquarters expands mid-term support for energy and electric autonomous vehicles

The Daegu-Gyeongbuk Headquarters of the Bank of Korea is expanding its support in the energy and future/electric autonomous vehicle sectors in the’strategic support’ sector, which provides funding mainly to the 5 new growth industries in Daegu and 7 key industries in Gyeongbuk.

In the energy sector, we will add storage device manufacturing, hydro power generation, solar power generation, etc. to new support targets, and in the future and electric autonomous vehicle sector, we plan to support new parts manufacturing business for engines and body parts, and new power transmission device manufacturing business.

However, in the’general support’ category, among start-ups, ventures, and innovative companies within 7 years of start-up and among innovative companies that have passed 7 years of start-up, management innovation type (main biz certification) small and medium-sized businesses and technology evaluation grade 4 level companies are also excluded from support. Do it.

◆ Treasury bond yields generally rise… 3-year bonds 1.006% per year

In the Seoul bond market, the 3-year treasury bond rate ended at 1.006% per year, up 1.3bp (1bp=0.01% points) from the previous trading day.

The 10-year interest rate rose 2.2bp to 1.780% per year, while the 5-year and 1-year bonds rose 2.7bp, respectively, and closed at 1.353% per year and 0.689% per year.

20-year bonds rose 2.1bp to 1.888% per year, while 30-year and 50-year bonds rose 2.4bp and 2.4bp, respectively, to 1.893% per year and 1.892% per year.

Bond yields are on the rise as the US’ blue wave (the Democratic Party’s domination of the White House and the House of Representatives) is under pressure from rising global bond rates, while domestic factors such as the promotion of legislation to compensate for losses by small business owners are additionally affected.

◆ Jeong Seon-gun pays 7 million won in insurance in case of corona death

Gangwon Jeongseon-gun plans to establish a new terms and conditions to support 7 million won in the case of death of Corona 19 in the Military Safety Insurance.

Jeongseon-gun’s military safety insurance is automatically enrolled without any separate procedures such as medical checkups, and the coverage period is from March 1 to February 28, 2022.

On the other hand, Jeong Seon-gun decided to increase the coverage limit for deaths and after-effects in bicycle accidents from 10 million won to 20 million won.

【Youth Daily = Reporter Inara】