# South Korea's FSS Examines Hana Securities Loan

> South Korea's FSS scrutinizes $173.9m loan to Shin Dong-guk amid recovery risks.
- Title: South Korea's FSS Examines Hana Securities Loan | Shortify
- Summary: South Korea's FSS scrutinizes $173.9m loan to Shin Dong-guk amid recovery risks. South Korea's Financial Supervisory Service is reviewing Hana Securities'…
- Keywords: south korea, fss, hana securities, shin dong-guk, hanmi science, capital markets act, recovery risk, loan, finance, markets, South, Korea's
- Source: BigGo Finance — https://finance.biggo.com/news/1aca8187-822b-41cb-b3c0-3da7ebcd81e6
- Author: BigGo Finance
- Published: 2026-10-22T03:55:45+00:00
- Read time: 1 min
- Topics: south korea, fss, hana securities, shin dong-guk, hanmi science, capital markets act, recovery risk, loan, finance, markets
## FSS Scrutinizes Loan
South Korea's Financial Supervisory Service examines Hana Securities' $173.9 million loan to Shin Dong-guk.
## Loan Terms
The loan carries 200% collateral maintenance ratio and 4.45% annual interest rate.
## Court Seizure
A court granted provisional seizure of Hanmi Science shares worth $7.6 million held by Shin.
## Recovery Risk
Recovery risk mounts after court seized Hanmi Science shares worth $7.6 million.
## Capital Markets Act Allegations
Shin allegedly violated Capital Markets Act Article 133, Paragraph 3 by buying shares off-market.
## Shin's Defense
Shin argues Article 143, Paragraph 5 of Enforcement Decree allows exceptions for related parties.
## Total Borrowing
Shin's total stock-backed borrowing exceeds $378.0 million with loans due in March.
## FSS Inspection
FSS plans to convert review into full inspection if legal violations are confirmed.
## Key takeaway

South Korea's Financial Supervisory Service is reviewing Hana Securities' $173.9 million loan to Shin Dong-guk after a court seized Hanmi Science shares worth $7.6 million.