Financial Supervisory Service Increases Capital Market Special Investigation Team... From 26 to 46 Members
"Kakao·Pinfluencer Rapid Investigation"
Financial Supervisory Service, Yeouido, Seoul. Photo by Jinhyung Kang aymsdream@
View original imageThe Financial Supervisory Service (FSS) announced on the 3rd that it will increase the number of special judicial police officers (special investigators) in the capital market to speed up responses to unfair trade cases.
On the 3rd, during the regular personnel appointment, the FSS stated that it will increase the number of special investigators in the capital market from 26 to 46, adding 20 personnel, and will promptly coordinate the designation of special investigators with the Financial Services Commission and the prosecution.
The FSS explained that this increase in special investigators follows President Yoon Suk-yeol's directive on the 2nd to eradicate illegal short selling and prevent investor damage.
The FSS has previously dispatched three special investigators to support the prosecution's investigation into illegal short selling.
On the 9th, it plans to dispatch 11 special investigators to the prosecution and the Financial Services Commission to support investigations into current unfair trade issues.
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An FSS official stated, "In the event of significant unfair trade occurrences, we plan to strengthen a task-focused cooperation system by dispatching additional special investigators to the prosecution and others," adding, "We will enhance investigative infrastructure and capabilities such as digital forensics and swiftly investigate major unfair trade cases involving Kakao and Pinfluencers to respond strictly." Pinfluencer is a compound word of Finance and Influencer.
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