1. Improvement of Suitability and Appropriateness Assessment (Article 10, Paragraph 2, Subparagraph 1, [Appendix 6])
a. Reason for Amendment
○ This is a follow-up action to the detailed tasks under the comprehensive measures to prevent the improper sale of complex financial investment products (announced in February 2025).
b. Amendment Content
○ Strengthening the suitability and appropriateness assessment method by considering all six mandatory information checks when verifying investor information and analyzing investor profiles.
○ Introduction of a report format (inappropriate judgment report) that includes the results of appropriateness assessments and the reasons for the judgment.
2. Improvement of Product Explanation Order (Article 13, Paragraph 1)
a. Reason for Amendment
○ This is a follow-up action to the detailed tasks under the comprehensive measures to prevent the improper sale of complex financial investment products (announced in February 2025).
b. Amendment Content
○ For complex financial investment products, the following should be presented and explained in order at the top of the key (summary) explanation:
➊ Consumer types unsuitable for complex financial investment products,
➋ Risks such as the possibility of losses, and examples of loss occurrences.
3. Addition of Prohibition on Improper Solicitation Practices (Article 15, Paragraph 5)
a. Reason for Amendment
○ This is a follow-up action to the detailed tasks under the comprehensive measures to prevent the improper sale of complex financial investment products (announced in February 2025).
b. Amendment Content
○ Add the following as improper solicitation practices:
➊ Inducing specific answers from consumers during the suitability and appropriateness assessment process,
➋ Suggesting non-face-to-face contracts after in-person investment solicitation or having the financial company subscribe on behalf of the consumer.
4. Strengthening the Role of the Financial Consumer Protection Officer ([Appendix 2])
a. Reason for Amendment
○ This is a follow-up action to the detailed tasks under the comprehensive measures to prevent the improper sale of complex financial investment products (announced in February 2025).
b. Amendment Content
○ Add the duties of the financial consumer protection officer within internal control standards, and introduce the pre-agreement on performance-based compensation systems and the right to demand improvements.
5. Rationalization of Some Procedures for the Internal Control Committee ([Appendix 2])
a. Reason for Amendment
○ This is a follow-up action based on the discussion results from the third Ombudsman agenda in March 2022 to change certain matters from decisions or adjustments of the Internal Control Committee to reporting matters that do not require decisions or adjustments.
b. Amendment Content
○ Allow for the improvement of the Internal Control Committee's operational procedures so that some matters, such as institutional improvements resulting from legislative changes and periodic disclosure items, can be handled as reporting matters instead of requiring decisions.
