Jitters over a run on the Korean Federation of Community Credit Cooperatives, also known as MG Community Credit Cooperatives, are showing signs of calming down. Withdrawals subsided and many of those who rushed to withdraw savings are redepositing them. According to an inter-agency response team, deposit withdrawals from KFCC turned to a downward trend on July 7. They shrank about 1 trillion won ($765 million) from a.
Proposed bill: Partial Amendment to the Act on Prevention of Divulgence and Protection of Industrial Technology Proposed by Rep. Song Eon-Seog (People Power Party) ● Under the current Criminal Act, brokers who arrange job transfers with the precondition of divulging industrial technology often go unpunished or receive lenient penalties. This amendment imposes civil liability on brokers to discourage them from.