Fair Trade and Finance Regulators Press Myeongryun Jinsa Galbi Operator Over Policy-Fund Lending

South Korea’s Fair Trade Commission and Financial Services Commission are jointly pressuring Myeongryundang, the operator of the restaurant brand Myeongryun Jinsa Galbi. The company has faced controversy over allegedly using low-interest policy funds for high-interest lending. The issue has raised questions about whether the purpose of policy financing matched how the funds were actually used, and how a franchise operator conducted transactions with financial characteristics. The regulators’ moves could lead to broader scrutiny of policy-fund management and franchise business practices. Source: yna.co.kr