FEB periodically discloses the primary examination findings of financial institutions
The Financial Examination Bureau (FEB) has periodically disclosed the significant or common deficiencies on the FEB’s website. Types and scenarios of the examination findings and recommended improvements are specified according to business activities of each financial industry to remind financial institutions not to make the same mistakes.
The soundness of financial institutions will not only depend on the supervisory activities of financial supervisory agencies, but also the effective market disciplines and institutions’ self-oversight functions. The FEB has disclosed the primary examination findings to help FIs perform the self-assessment to review their operating procedures or to establish the control mechanism, and then to achieve the self-corrective purpose.
※ More details in the “Disclosure of Financial Examination Information” section on the FEB’s website.