Financial Services Commission to Revise Supervision Regulations Non-profit corporations are also allowed to purchase bonds, starting Jubilee Bank, which was introduced during Seongnam’s mayor
Jubilee Bank, a private debt relief agency led by President Lee Jae-myung when he served as mayor of Seongnam in 2015, is likely to reappear. This is as the Financial Services Commission begins to revise regulations to allow non-profit corporations such…