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FSS Chief Pledges Compensation Review for Belgian Fund Investors if Mis-Selling Confirmed

FSS Chief Pledges Compensation Review for Belgian Fund Investors if Mis-Selling Confirmed

SEOUL, Nov. 5 (Korea Bizwire) — South Korea’s top financial regulator vowed Wednesday to reconsider compensation standards for investors in the so-called Belgian Fund scandal if evidence of mis-selling is confirmed, as part of a broader push to strengthen consumer protection in the financial sector. Lee Chan-jin, governor of the Financial Supervisory Service (FSS), made the [...]