Financial authorities to beef up rules following series of incidents South Korea's financial authorities are considering strengthening regulations in such a way that will hold top officials accountable when bank employees repeatedly commit irregularities such as embezzlement and insider trading.The Financial Services Commission, a financial watchdog, is reportedly pushing for a revision to the Act on Corporate Governance of Financial Companies that will define the specific responsibilities of senior bank officials regarding internal oversight, local media outlets have reported, citing financial sources.

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