April 27, 2024
Finance
FSS disciplines 521 over irregularities
[THE INVESTOR] A total of 521 executives and employees in the nation’ financial industry were disciplined last year over their irregularities, data showed on March 27.
According to the data by the Financial Supervisory Service, some employees were accused of allegedly swindling customers’ money, while others were criticized for neglecting their duties of securing customer information.
Of them, 96 were executive-level employees, the FSS stated.
Financiers enjoy relatively higher pay than workers in other industries, but at the same time, some unethical bankers and others in the financial sector easily succumb to temptation to engage in irregularities or embezzlement.
By Alex Lee and newswires (alexlee@heraldcorp.com)
According to the data by the Financial Supervisory Service, some employees were accused of allegedly swindling customers’ money, while others were criticized for neglecting their duties of securing customer information.
Of them, 96 were executive-level employees, the FSS stated.
Financiers enjoy relatively higher pay than workers in other industries, but at the same time, some unethical bankers and others in the financial sector easily succumb to temptation to engage in irregularities or embezzlement.
By Alex Lee and newswires (alexlee@heraldcorp.com)
