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Korea
Hankyoreh (KR)
National & Local
If subsidy is fraudulently received, up to 9 times recovery... report reward of up to 30% recovery amount will be paid
The South Korean government plans to impose stricter penalties for fraudulent receipt of subsidies, allowing for reimbursement of up to nine times the amount mistakenly obtained, coupled with an increase in whistleblower rewards.
Mar 10 • 09:57 UTC
🇰🇷
Korea
Hankyoreh (KR)
National & Local
Legislation Announcement to Abolish Limits on Whistleblower Rewards for Stock Manipulation... President Yoon Says 'Stock Manipulation Leads to Ruin! Well Done'
President Yoon praised the decision to eliminate the maximum cap on rewards for reporting stock manipulation, allowing rewards up to 30% of the illegally obtained gains.
Feb 25 • 11:26 UTC
🇰🇷
Korea
Hankyoreh (KR)
National & Local
From now on, reporting stock price manipulation = a turnaround in life... a reward of 24 billion won is not just a dream
South Korea's Financial Services Commission announced the removal of the cap on rewards for reporting stock market manipulation, enabling potential rewards of up to 30% of recovered illegal gains or penalties for whistleblowers.
Feb 25 • 06:09 UTC