Mirae Asset Securities is 1st Financial Firm to Introduce Financial Ethics Certificate System
Strikes agreement on executives and staffers¡¯ financial ethics certification with KAFC
Executive Vice Chairman Choi Hyun-man of Mirae Asset Securities poses with officials from Mirae Asset Securities and Korea Academy of Financial Consumers (KAFC) after Mirae Asset Securities struck an agreement on a financial ethics certification for its executives and staffers¡¯ with KAFC on Oct. 5.
Mirae Asset Securities, accelerating customer-oriented management, is introducing a financial ethics certificate system for executives and staffers, the first such system in the Korean financial industry.
Mirae Asset Securities struck an agreement on the financial ethics certification with Korea Academy of Financial Consumers (KAFC) on Oct. 5. Mirae Asset Securities announced the introduction of the ethics certificate system the next day.
The introduction of the financial ethics certificate system for executives and staffers comes after Mirae Asset Financial Group declared that it would only sell only products with a competitive edge to customers.
The group also declared the reestablishment of all executives and staffers¡¯ on-the-job ethics.
Executives and staffers at Mirea Asset are expected to earn a certificate after finishing an educational program on financial ethics, where they will undergo an examination.
KAFC has installed a financial ethics certification committee in charge of education, verification of evaluation content and supervision.
The educational program is expected to include on-the-job ethics, situational ethics, professional spirit, duties to customers, cases of financial disputes and things financial company executives and staffers should know and obey.
Executive Vice Chairman Choi Hyun-man of Mirae Asset Securities said, ¡°As the Act on the Protection of Financial Consumers has gone into effect and trust toward financial companies is getting important than any other, it takes on significance since Mirae Asset Securities has teamed up with KAFC to launch the nation¡¯s first project related to the certification of financial ethics for executives and staffers.¡±
He expressed hope the agreement will serve as an opportunity for Mirae Asset Securities executives and staffers to recognize the importance of financial ethics and change their mind to a customer-oriented attitude.
Mirae Asset Securities Join RE100 Initiative
Mirae Asset Securities has joined the ¡°RE100 Initiative,¡± a global corporate renewable energy initiative bringing together hundreds of large and ambitious businesses, who are committed to 100 percent renewable electricity.
Mirae Asset Securities is the first company in the financial industry to make it on the RE100 Initiative. Mirae Asset Securities said on Oct. 14 it had signed up for RE100 Initiative.
Mirae Asset Securities plans to make all worksites use 100 percent renewable energy by 2025 earlier than 2050, suggested by RE100 Initiative.
Mirae Asset Securities Sells Core Fund to Invest New IT Industry Companies
Mirae Asset Securities Sells Core Tech Fund to Invest New IT Industry Companies
Industries are undergoing a fast paradigm shift in the wake of the COVID-19 pandemic.
The global industry paradigm is shifting fast from the manufacturing sector to the IT sector, such as AI, cloud, IoT, and self-driving.
Mirae Asset Securities is putting on the market ¡°Mirae Asset Core Tech Fund¡± in keeping with these global industry trends.
The fund will invest in Korean IT companies with a global competitive edge. In particular, the fund will focus on IT companies growing on the back of new growth industry sectors such as cloud and self-driving.
Mirae Asset Center1 Building in Jung-gu, Seoul. (Photos: Mirae Asset Securities)