Financial supervisory service human recourses & recruitment corruption, private financial firms also in trouble
[ Cho Eun Guk ceg4204@ ] | 2017-10-26 11:02:52
Financial Supervisory Service, which has been revealed last month as an audit by the Board of Audit and Inspection. Job hunting is spreading to private financial companies. So far, it is pointed out that the vicious circle of financial corporations have been repeated, as the so-called financial and bureaucrats of the banking sector and the politicians of the financial sector have been punished. In fact, in the financial sector including banks, there is a great concern that financial institutions will be the main target of abolishing the personnel corruption in the early period of politically sensitive government.
The prosecution`s investigation into the eight cases of the Nonghyup Financial Group chairman`s office and home was conducted in connection with the suspicion of a request for recruitment of the FSS on the morning of October 25.
The Financial Supervisory Service (FSS) is said to have increased the number of employees unfairly in order to pass applicants who failed in the handwriting process while hiring new recruits last year.
Meanwhile, the NACF expects that it will be able to resolve the suspicion of recruitment based on the investigation of the prosecution. The NACF financial statement said, "This seizure search is regarded as an investigation process commissioned by the Board of Audit and Inspection." There was no request for recruitment of the Financial Supervisory Service and it will be possible to resolve the suspicion through the seizure search."
The issue of recruiting and recruiting personnel of the Financial Supervisory Service (FSS), which is revealed by the audit by the Board of Audit and Inspection, is spreading not only to the NACF, but also to the frontline financial companies. At the moment, Woori Bank, a private bank, is also facing a backlash as a member of the National Assembly, Shim Sang-jung (the ruling party), raises suspicions about the adoption of high-ranking preferences. Sim stated that Woori Bank hired more than 200 high-ranking children, including high-ranking officials of the Financial Supervisory Service, in the process of recruiting 200 people in the second half of last year.
In the financial sector, it is noted that the first fiduciary personnel of the first FSS and the allegations of corruption that will be triggered in the recruitment process are heading for the first financial companies. In particular, the complaints of the industry have reached a peak, as the Financial Supervisory Service (FSS), the epicenter of personnel misconduct, has begun to investigate the hiring of private financial companies and the rush of personnel.
In fact, Choi Hyeong-sik, the chief financial officer of the Financial Supervisory Commission, mentioned in an inspection of the National Assembly on October 17, "We will conduct inspections on the corruption of Woori Bank and ask for prosecutors to investigate." The FSS is also considering looking at HR and recruitment systems for other commercial banks.
An expert from the banking industry stated, "Although financial institutions have continued to ask for financial support from the authorities and politicians, only financial companies these are in the position of U are met when the problems are revealed.¡± Financial officials and politicians also stated, ¡°It should be a priority to correct the practices of human resources practices."
Civil society organizations are also striving to improve punishment and institutional improvement for the financial authorities, which have sparked irregularities. Cho Nam-hee, a representative of the Financial Supervisory Service, pointed out that "the Financial Supervisory Service inspects the financial institution recruitment system, but does not have the qualification or ability to do so." Joe also added, "The Financial Services Commission is deeply involved in the recruitment of financial institutions, and the adoption of preferential treatment of financial institutions by the Financial Supervisory Service has been widespread in the past," he added.
By Cho Eun Guk ceg4204@
[ copyright ¨Ï The Digitaltimes ]

The prosecution`s investigation into the eight cases of the Nonghyup Financial Group chairman`s office and home was conducted in connection with the suspicion of a request for recruitment of the FSS on the morning of October 25.
The Financial Supervisory Service (FSS) is said to have increased the number of employees unfairly in order to pass applicants who failed in the handwriting process while hiring new recruits last year.
Meanwhile, the NACF expects that it will be able to resolve the suspicion of recruitment based on the investigation of the prosecution. The NACF financial statement said, "This seizure search is regarded as an investigation process commissioned by the Board of Audit and Inspection." There was no request for recruitment of the Financial Supervisory Service and it will be possible to resolve the suspicion through the seizure search."
The issue of recruiting and recruiting personnel of the Financial Supervisory Service (FSS), which is revealed by the audit by the Board of Audit and Inspection, is spreading not only to the NACF, but also to the frontline financial companies. At the moment, Woori Bank, a private bank, is also facing a backlash as a member of the National Assembly, Shim Sang-jung (the ruling party), raises suspicions about the adoption of high-ranking preferences. Sim stated that Woori Bank hired more than 200 high-ranking children, including high-ranking officials of the Financial Supervisory Service, in the process of recruiting 200 people in the second half of last year.
In the financial sector, it is noted that the first fiduciary personnel of the first FSS and the allegations of corruption that will be triggered in the recruitment process are heading for the first financial companies. In particular, the complaints of the industry have reached a peak, as the Financial Supervisory Service (FSS), the epicenter of personnel misconduct, has begun to investigate the hiring of private financial companies and the rush of personnel.
In fact, Choi Hyeong-sik, the chief financial officer of the Financial Supervisory Commission, mentioned in an inspection of the National Assembly on October 17, "We will conduct inspections on the corruption of Woori Bank and ask for prosecutors to investigate." The FSS is also considering looking at HR and recruitment systems for other commercial banks.
An expert from the banking industry stated, "Although financial institutions have continued to ask for financial support from the authorities and politicians, only financial companies these are in the position of U are met when the problems are revealed.¡± Financial officials and politicians also stated, ¡°It should be a priority to correct the practices of human resources practices."
Civil society organizations are also striving to improve punishment and institutional improvement for the financial authorities, which have sparked irregularities. Cho Nam-hee, a representative of the Financial Supervisory Service, pointed out that "the Financial Supervisory Service inspects the financial institution recruitment system, but does not have the qualification or ability to do so." Joe also added, "The Financial Services Commission is deeply involved in the recruitment of financial institutions, and the adoption of preferential treatment of financial institutions by the Financial Supervisory Service has been widespread in the past," he added.
By Cho Eun Guk ceg4204@
