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Woori Credit Union, Which Covered up a Scandal, Has Submitted an Improvement Plan to the Financial Services Agency; a Third-Party Committee Is Expected to Begin Its Investigation in August.
Uri Credit Union (Sapporo), a credit union run by Korean residents in Japan, which was ordered to suspend some of its operations by the Financial Services Agency after it was discovered that it had concealed misconduct such as the embezzlement of customer deposits, announced on the 13th that it had submitted a business improvement plan to the agency, which includes the establishment of a "Compliance Management Department" equipped with an intern…
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Uri Credit Union (Sapporo), a credit union run by Korean residents in Japan, which was ordered to suspend some of its operations by the Financial Services Agency after it was discovered that it had concealed misconduct such as the embezzlement of customer deposits, announced on the 13th that it had submitted a business improvement plan to the agency, which includes the establishment of a "Compliance Management Department" equipped with an intern…