compliance committee Archives

Samsung’s Compliance Committee Urges Group Heir to Apologize over Succession, Labor Union Issues

SEOUL, March 11 (Korea Bizwire) — Samsung Group’s independent compliance committee on Wednesday urged group heir Lee Jae-yong to apologize over issues related to his succession and address problems regarding the conglomerate’s labor union policy. The seven-member committee said it sent a letter of suggestion to Lee — Samsung Electronics vice chairman and the de-facto [...]

Samsung to Strengthen Compliance Programs via In-house Committee

SEOUL, Jan. 2 (Korea Bizwire) — South Korea’s top conglomerate Samsung Group said Thursday that it will strengthen its compliance programs by forming a groupwide committee dedicated to better complying with its own internal structure and related laws and regulations, as its key executives, including the group’s de facto heir Lee Jae-yong, were embroiled in [...]