AI Strategy Committee Activates Security Task Force

South Korea's National AI Strategy Committee held its first security task force meeting to address Claude Mythos security threats and improve financial sector security software systems.

Dual Listing Banned in Principle

South Korea's financial authorities have banned dual listings in principle, requiring companies to prove subsidiary IPOs won't harm shareholder value. New criteria include shareholder protection, business independence, and governance adequacy.

Former CEOs Cleared After 7 Years

South Korea's Supreme Court acquitted former KB Securities CEO Park Jung-rim and former NH Investment CEO Jeong Young-chae of heavy penalties related to Lime-Optimus fund scandals after seven years, criticizing financial authorities' excessive sanctions.