Hong Kong H-Index ELS Incomplete Sale Related Bank Sanctions May Not Be Confirmed at the End of This Month's Financial Services Commission Regular Meeting. There are disagreements within the Financial Services Commission regarding the amount of fines, and the banking industry is arguing against the imposition of fines as "double sanctions" despite large-scale voluntary compensation. Meanwhile, Lotte Card, which had a hacking accident last September that resulted in customer information leakage, is expected to have a sanction plan confirmed by the Financial Services Commission, including a business suspension of 4.5 months and a fine of 5 billion won. However, discussions are underway on adjusting the duration of the business suspension or the amount of fines, and there is also a possibility of some reduction considering the special nature of the hacking damage.
