• Title/Summary/Keyword: Reasonable Measures

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Anti-Fraud in International Supply Chain Finance: Focusing on Moneual Case

  • Han, Ki-Moon;Park, Sae-Woon;Lee, Sunhae
    • Journal of Korea Trade
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    • v.24 no.1
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    • pp.59-81
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    • 2020
  • Purpose - This study analyzes the scope of due diligence and risks of banks and K-Sure in trade finance covered by EFF focusing on Moneual case, one of the latest and biggest trade finance fraud cases in Korea. Also, we suggest anti-fraud measures in trade finance on the part of banks and K-Sure in order to give them a desirable way of due diligence and reasonable risk management of export insurance. Design/methodology - Based on Moneual case of trade finance fraud, this study employs the methodology of an extended literature review and analysis of court decisions. Findings - Seoul High Court of Korea failed to decide whether K-Sure was wholly obliged to pay the insurance against the banks' EFF claims, but issued a compulsory mediation order, judging that both the banks and K-Sure were responsible by 50:50. The court may have judged that both the parties had lacked their due diligence in the trade finance. It is quite difficult for trade finance providers to manually investigate whether the transaction is suspected of trade finance fraud, so digitalization of trade finance which can facilitate the prevention and detection of trade fraud needs to be realized quickly. Since there has been no international rule available for open account trade finance up till now, clearly stipulated EFF terms on the exporter's genuine export obligation might have protected K-Sure from the disaster. Originality/value - This study investigates the due diligence of the banks and K-Sure in Moneual case which few researchers have considered, to the best of our knowledge. This study also suggests several practical methods (including block chain) to prevent complicating trade finance fraud amid increasing use of an open account, and further offers reasonable risk management of EFF employing international factoring rule which is also related to problematic open account trade finance.

Cooperative Framework for Conflict Mitigation and Shared Use of South-North Korean Transboundary Rivers (남북한 공유하천의 갈등해소와 공동이용을 위한 협력체계)

  • Lee, Gwang Man;Kang, Boosik;Hong, Il-Pyo
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.5B
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    • pp.505-514
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    • 2008
  • The Imjin and North Han River are sharing watershed between South and North Korea. In Imjin river basin, the April 5th dam and Hwanggang dam which are already constructed or on constrution, causes problems in water supply in the downstrean area. At the same time, in the North Han River basin, the Imnam dam is being operated for diversion to Anbyeon Youngman Hydropower Plant and it gives rise to conflict between South and North by reducing streamflow in the North Han River of South Korean side. Therefore, a cooperative framework needs to be built for settling the pending issues. In this study, based on the theory of conflict resolution in the international shared river basin, the practical alternatives are suggested. These approaches are expected to help in preparing reasonable resolution ahead of seeking political decision. Also, in order to preparing consistent and reasonable river management measures, the South-North shared river management commission was suggested.

A Study on the Establishment of Water Supply and Demand Monitoring System and Drought Response Plan of Small-scale Water Facilities (소규모수도시설의 공급량-수요량 모니터링 체계 구축 및 가뭄 대응 방안 연구)

  • Choi, Jung-Ryel;Chung, Il-Moon;Jo, Hyun-Jae
    • The Journal of Engineering Geology
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    • v.29 no.4
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    • pp.469-481
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    • 2019
  • In addition to structural stabilization measures such as the construction of Sand Dam, non-structural management measures such as reasonable water demand and supply volume management are needed to prevent limited water supply damage due to drought. In this study, water supply-demand monitoring system was established for drought response in Seosang-ri basin in Chuncheon, the main source of domestic water for small water facilities. The flow rate of the stream was measured for monitoring the supply volume, and the daily flow rate was calculated by using it to calibrate the parameters of the SWAT (Soil and Water Assessment Tool). To monitor demand, the daily usage was calculated by measuring the change in the water level of the water tank. The relationship between the finally calculated daily supply and demand amount was analyzed to identify the shortage of water.

Analysis of biological hazards and control points in layer houses (산란계 농장에서의 생물학적 위해요인과 관리점 분석)

  • Lee, Sung-Mo;Yoo, Han Sang;Honsg, Chong-Hae
    • Korean Journal of Veterinary Research
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    • v.44 no.4
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    • pp.593-605
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    • 2004
  • An egg has been considered as one of the most important food sources because of it's nutritional superiority and reasonable price. With the complexity of egg flow system from production to consumption in Korea, preventive measures for egg safety have been required. Therefore, our study was carried out to analyze hazards for the egg under farm level and develope preventive measures with a purpose of obtaining egg safety. To analyze biological hazards, microbial contamination of egg(normal, dirty and cracked), water, feed, manure and equipments associated with laying were investigated. One isolate of Salmonella enteritidis and S. bardo were detected from the manure and dirty egg shell respectively. The sanitary conditions in the farm were surveyed by questionaries. Confirmation of vaccination for purchasing chicks and establishment of sanitary guidances for water and type of water suppliers ought to be preceded. Feed supplier systems including feed tanks, feed pipes and hoppers were known that their contamination might give it a chance to infect individuals and egg content and shell. The safe and rapid disposal of dead chickens and rodent were reported as more crucial factors to prevent infectious disease and manage good sanitation. Egg selector and collecting belt should be kept properly not to be contaminated from egg fluids and feces. It should be also considered that regular gathering of eggs, removal of dirty or cracked ones, storage under refrigeration and the use of disposable egg tray were continuously fulfilled. Conclusively, Our results suggested that HACCP-based system for providing fresh and safe eggs to consumers should be applied to the farm.

A Study on the Processing Standard of REALGAR

  • Kwak, Hwa-Sun;Byun, Young-Ho;Lee, Soo-Chan;Lee, Hyo-Jeong;Park, Seong-Cheol;Kim, Hye-Sung;Kwon, Dong-Yeul
    • Journal of Evidence-Based Herbal Medicine
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    • v.3 no.1
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    • pp.1-7
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    • 2010
  • While herbal medicine including mineral herbal medicine mostly provides microelements to the human body thanks to abundant metallic elements, its harmfulness has been raised due to elements of heavy metals. Harmfulness of mineral herbal medicine needs to be analyzed quantitatively as well as qualitatively so that specificity of herbal medicine including mineral herbal medicine can be reflected. Consequently, the following aims should be set up to mineral herbal medicine, REALGAR, standard processing of REALGAR and the standards of processed drugs should be secured. On the basis of the results of this study, the reasonable measures to develop the processing method and the test method for heavy metals were presented. Such measures are expected to give the following results. First, consumers may take food and medicine without anxiety, and food and medicine may be effectively managed, and the national service may be improved, and also safety against heavy metals may be publicized. Second, as the principal ingredients and microelements of mineral herbal medicine are qualitatively analyzed, such results are expected to contribute to the advance of national analytics for herbal medicine.

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Occupational Health Policies on Risk Assessment in Japan

  • Horie, Seichi
    • Safety and Health at Work
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    • v.1 no.1
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    • pp.19-28
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    • 2010
  • Industrial Safety and Health Law (ISH Law) of Japan requires abnormalities identified in evaluations of worker health and working environments are reported to occupational physicians, and employers are advised of measures to ensure appropriate accommodations in working environments and work procedures. Since the 1980s, notions of a risk assessment and occupational safety and health management system were expected to further prevent industrial accidents. In 2005, ISH Law stipulated workplace risk assessment using the wording "employers shall endeavor." Following the amendment, multiple documents and guidelines for risk assessment for different work procedures were developed. They require ISH Laws to be implemented fully and workplaces to plan and execute measures to reduce risks, ranking them from those addressing potential hazards to those requiring workers to wear protective articles. A governmental survey in 2005 found the performance of risk assessment was 20.4% and common reasons for not implementing risk assessments were lack of adequate personnel or knowledge. ISH Law specifies criminal penalties for both individuals and organizations. Moreover, under the Labor Contract Law promulgated in 2007, employers are obliged to make reasonable efforts to ensure employee health for foreseeable and avoidable risks. Therefore, enterprises neglecting even the non-binding provisions of guidelines are likely to suffer significant business impact if judged to be responsible for industrial accidents or occupational disease. To promote risk assessment, we must strengthen technical, financial, and physical support from public-service organizations, encourage the dissemination of good practices to reduce risks, and consider additional employer incentives, including relaxed mandatory regulations.

Analysis of the Necessity of Introducing the Obligation to Take Safety and Health Measures for Construction Orderers using Multivariate Analysis (다변량 분석을 이용한 건설업 발주자의 안전보건조치 의무 도입 필요성 분석)

  • Lim, Se Jong;Seo, Jae Min;Won, Jeong-Hun;Kim, Chang-Won
    • Journal of the Korean Society of Safety
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    • v.37 no.1
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    • pp.20-29
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    • 2022
  • To stem the ever-prevalent occurrence of industrial accidents in the construction industry, which is emerging as a social problem, efforts must be invested by various stakeholders. Specifically, among stakeholders, the orderer is at the top of a project's decision-making structure. Therefore, the orderer's awareness of safety and health directly affects the process of securing the safety of the overall construction site. In this light, the present study aims to identify differences in the perceptions of each stakeholder regarding the obligatory safety and health measures for clients that have recently been introduced. In addition, it suggests specific implementation plans in the Korean context. The data used for analysis were collected through a survey targeting stakeholders such as orderers, safety managers, and site managers, and the collected data were quantitatively reviewed by using multivariate analysis methods such as analysis of variance. As a result of the analysis, the introduction of safety and health obligations for the owner was found to be necessary, and the designation and operation of safety and health experts as an action plan was deemed reasonable. The authors expect that the results of this study can be used as basic data for revising the related regulations in Korea. Moreover, as a further study, a review of the effectiveness after improving regulations would contribute strongly to the domain.

Survey on Analysis and Improvement of the Stress Status of Customer-facing Workers in the Corporation (공단 고객 응대 근로자의 스트레스 현황과 개선을 위한 인식도 조사)

  • Seung-Han, Kim;Gyou-Beom, Kim;Woo-jin, Hyun
    • Journal of the Korea Safety Management & Science
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    • v.24 no.4
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    • pp.85-93
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    • 2022
  • Today's customer service providers, who have the greatest impact on customer satisfaction, are experiencing severe stress and job burnout due to various causes. Unlike general companies, the corporation has a relatively high level of dissatisfaction with customer service since there is a large conflict between the provision of kindness and the reasonable handling of civil complaints according to laws and regulations. In order to analyze the environment of the NPS' customer service providers, 5.583 branch employees working at the National Pension Service and 407 call center employees were surveyed online using the questionnaire function of the Enterprise resource planning system. The contents of the survey consisted of a survey on customer-facing employees, the level of awareness of customer-facing workers protection measures, and opinions on improvement and supplementation related to customer-facing workers protection measures. As a result of the survey, 72.8% of the total respondents experienced grievance complaints, and the proportion of call center employees was even higher at 89.0%. In addition, both the branch and the call center had the largest share of complaints about obstruction of business, unreasonable demands, abusive language, and verbal abuse. More than 40% of call center employees in their 20s and 30s experienced the highest frequency of complaints 13 or more times a year. The most difficult thing in the process of responding to complaints was that both branch offices and call centers had insufficient psychological recovery time, lack of space, and lack of help from colleagues and superiors. Based on the survey analysis, it is suggested to establish a countermeasure through case analysis rather than the right to suspend work for civil complaints that cannot be handled, such as customized manuals and action strategies for the age group with high grievance complaints.

Towards reducing acoustical high-frequency noise of a direct current relay via contact structure (직류 계전기의 접촉구조에 의한 고주파수 소음저감)

  • Junhyeok, Yang;Jongseob, Won;Wonjin, Kim
    • The Journal of the Acoustical Society of Korea
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    • v.41 no.6
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    • pp.691-697
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    • 2022
  • In this work, a straightforward component design of a direct current (DC) relay equipped in electric vehicles is discussed. The work aims to provide and evaluate effective measures for reducing high-frequency sound from the DC relay carrying electric power. From the operation experiments for the relay, it is observed that noise is caused by the resonance from the forced vibration by the electromagnetic repulsive force originating at the area of electric contacts with a resonance frequency of around 710 Hz ~ 730 Hz. A finite element model for the relay was established to conduct vibration mode analysis, consisting of stationary and movable contacts and a contact spring. Vibration mode analysis indicates that in the resonance frequency, the movable contact with two-point contacts experiences rotational vibration mode. For the proposed relay with a three-point contact, vibration mode analyses give reasonable results of reducing noise at that frequency. Furthermore, for the fabricated relays with the three-point contact, similar results have been obtained. In conclusion, one can see that the proposed measures provide one of the feasible solutions to the reduction of relay noise.

Procedures in Establishing Residue Limits of Pesticides on Food Crops in Codex Alimentarius Commission and Foreign Countries (국제기구 및 외국에서 농산물중 농약잔류 허용기준의 설정절차)

  • Lee, Mi-Gyung;Hong, Moo-Gi;Park, Kun-Sang;Choi, Dong-Mi;Lim, Moo-Hyuk;Lee, Su-Rae
    • Korean Journal of Environmental Agriculture
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    • v.24 no.1
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    • pp.45-55
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    • 2005
  • This study was undertaken to find out necessary measures to improve the tolerance setting system of pesticide residues on food crops in Korea which is scientifically reasonable and harmonizable with international standards. Information on tolerance setting systems of pesticide residues by Codex Alimentarius Commission, Joint FAO/WHO Meeting of Experts on Pesticide Residues, USA, EU, Japan and Taiwan was collected and analyzed. On the basis of information in the above countries, necessary actions to be taken by the Korean regulatory authorities were recommended with respect to priority setting, maximum residue limits (MRLs) setting based on field residue data, group MRLs, minor crop problems, quantitation limit and dietary intake assessment.