Press Releases

Dept.	Office of Legal Affairs	Date	08/03/2006
File	Amendment to Depositor Protection Act.doc
Subject	Amendment to Depositor Protection Act
The National Assembly approved a bill to amend the Depositor Protection Act in March 2, 2006. The major amendments to the Depositor Protection Act are as follows: 1) Protection of depositors by the prompt payout of insurance claims 2) Adequate funds management 3) Taking systematic sanctions against officers and employees who violate MOU in public funds-injected-financial institutions 4) The newly inserted provision regarding notification and delivery 5) Intensification of Investigation For the further information, you may refer to the attached document.

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