105 Quasi-Investment Advisors Penalized, Fines Total ₩470M

South Korean financial authorities penalized 105 quasi-investment advisory firms for violations, imposing ₩470 million in fines on 35 companies. Violations included misleading advertising, unrealized profit displays, and loss compensation guarantees.

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.