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  • Correction of the article ‘FSC staff opposed chief on Lone Star ruling’
    Correction of the article ‘FSC staff opposed chief on Lone Star ruling’
    On the first page in its Nov. 30, 2011 edition, The Korea Herald, citing financial sources, reported that Financial Services Commission (FSC) chief Kim Seok-dong pushed ahead with the decision to impose a “mild sanction” on Lone Star Funds despite some working-level officials’ resistance.But it was not confirmed that FSC chief Kim pushed ahead with the decision and that there was resistance from working-level offi...
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Correction of the article ‘FSC staff opposed chief on Lone Star ruling’

Feb. 2, 2012 - 16:47 By Korea Herald
On the first page in its Nov. 30, 2011 edition, The Korea Herald, citing financial sources, reported that Financial Services Commission (FSC) chief Kim Seok-dong pushed ahead with the decision to impose a “mild sanction” on Lone Star Funds despite some working-level officials’ resistance.

But it was not confirmed that FSC chief Kim pushed ahead with the decision and that there was resistance from working-level officials. We hereby correct the article.

This correction was mediated by The Press Arbitration Commission.
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