Eun Seong-soo says “I’m angry with Han Eun”
Personal conversation content news agency remains
Can the news agency be called Big Brother?
Han Eun, who’rerefuted Eun Seong-soo’
Collect personal information in one place
If the government looks into it, that’s Big Brother
Conflict between the two sides, vice president Joo Geum-gong
The relationship between the Bank of Korea and the Financial Services Commission is approaching the worst over the amendment to the Electronic Financial Transactions Act. The BOK strongly criticized the recent revision of the Financial Services Commission as the’Big Brother Act’. When Eun Seong-soo, chairman of the Financial Services Commission, responded by saying “I’m angry”, the bank continued the offensive, saying, “Chairman Eun is responding emotionally.” Conflict between the two institutions is also showing an expansion pattern over the position of Vice President of Housing Finance Corporation.
Han Eun criticizes Eun Sung-soo’s remarks
At a meeting with reporters on the 19th, Chairman Eun Seong-soo asked, “I’m an excessive exaggeration and I’m a little angry” regarding the controversy over Big Brother. He said, “(Han Eun’s point of Big Brother) makes no sense.” When the amendment is processed, it is a refutation of the BOK’s claim that the Financial Services Commission will be able to collect and view all information of individuals who have purchased goods and services with Naver Pay points without consent to provide and use personal information.
In response, a high-ranking BOK official said, “Chairman Eun is attacking emotionally.” The official said, “It is an obvious error to take the telecom company’s call information, which is not related to the core of the amendment, which is the right to compulsory collection and investigation of personal information.” Pointed out.
Chairman Eun also argued that “when there is a case (such as the bankruptcy of Big Tech), the financial authorities are trying to see who is the owner of the money (remaining in Big Tech) by receiving data according to the law.” The BOK said, “The controversy over Big Brother comes from forcibly concentrating the people’s daily transaction information in one place. He added, “If the amendment is passed, the Financial Services Commission will have the authority to access excessively broadly the transaction information held by the KFTC with the right to supervise the KFTC and request data submission.”
Earlier on the 18th, President Lee Ju-yeol and Chairman Eun Lee remained alone in the conference hall immediately after the macroeconomic and financial meeting to hold a final discussion about the amendment for 30 minutes. However, it is said that the heads of finance are only running parallel lines and the conflict has deepened.
Expansion of personnel rights for Housing Finance Corporation?
There are also signs of expansion between the BOK and the Financial Services Commission. This is because the vice president of the Housing Finance Corporation, which is usually regarded as the share of the BOK, expired on the 31st of last month. The position of vice president is appointed by the president. On the 5th, Jun-woo Choi, a former member of the Financial Services Commission, took office as president, but the vice president has not yet been appointed.
The BOK appointed Director A as vice president early, but it is believed that the Financial Services Commission and Korea Housing Finance Corporation are not pursuing the relevant appointment procedure. BOK officials even voiced a voice saying, “Isn’t the Financial Services Commission used the position of Vice President of Housing Finance Corporation as a means of negotiating the Electronic Financial Transactions Act?”
The BOK gave up the position of head of the Financial Settlement Ledger to the Financial Services Commission in 2019. Since the establishment of the Financial Telecommunications & Clearings Institute in 1986, a former member of the BOK has been serving as the president. For the first time last year, Hak-soo Kim, a former member of the Financial Services Commission, was elected as the director. In addition, the position of the vice president of the Housing Finance Corporation was also shaken by the Financial Services Commission, and the resistance of the BOK is growing.
Reporter Kim Ik-hwan [email protected]
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