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South Korea Fair Trade Commission May Cut Penalties for Bond-Rigging Case by Shifting Calculation Basis from Bid Amount to Operating Revenue

2026-07-28 09:05:43

According to Seoul Econ Daily, South Korea's Fair Trade Commission is reviewing a change in how to calculate penalties for the government bond interest rate-fixing case, shifting from the bid amount to operating revenue as the basis. If penalties continue to be calculated using the bid amount, they could reach approximately 7 trillion to 11 trillion Korean won, marking the largest antitrust fine in history; however, switching to operating revenue as the basis would significantly reduce the penalty amount. The review involves 15 government bond primary dealers, including 10 securities firms and 5 banks.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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