라벨이 Self-reporting Period인 게시물 표시

Strengthening Internal Controls in the GA Industry: Effectiveness and Future Outlook

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The self-reporting period for written contracts, implemented to establish a healthy competitive order in the General Agency (GA) industry The self-reporting period for written contracts, implemented to establish a healthy competitive order in the General Agency (GA) industry, concluded without significant results. Consequently, financial authorities are now focused on their next steps, with attention on the ongoing task force (TF) for improving the internal control evaluation manual. This article explores the reasons behind the failure of the self-reporting period, the subsequent actions of financial authorities, and the industry’s expectations and demands for the future. In recent months, the Financial Supervisory Service (FSS) operated a self-reporting center for written contracts in the GA industry, aiming to establish a healthy competitive order. However, this initiative ended without notable success, disappointing both the GA industry and financial authorities, and highlighting th...