Korea
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Korea’s FSS Lists 39 Most-indebted Firms
Samuel Riding April 18, 2016Regulator meets four banks to discuss pre-emptive corporate restructuring.
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Korea to Ease Reporting Requirements for Foreign Banks
Samuel Riding March 23, 2016FSS chief says supervision will shift to ‘ex-post monitoring’ from ‘ex-ante regulations’.
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FSS Asks Credit Card Firms to Improve AML
Editors, Regulation Asia March 11, 2016Lotte and Hana warned about poor customer management.
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S.Korea to Push Ahead with Corporate Restructuring by FIs
Samuel Riding February 25, 2016Delay had been expected due to concerns about unemployment, regional economy.
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ICBC Freezes N.Korea Accounts
Samuel Riding February 23, 2016China’s largest bank among several to halt deposits and transfers, according to S.Korean newspaper.
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Korea Introduces Tax-exempt Savings Account
Samuel Riding February 17, 2016Holders of the new account will be able to give banks, brokers permission to make investment decisions.
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S.Korea to Ease Foreign Investment Rules
Samuel Riding February 2, 2016FSC aims to make foreign investment in local stocks easier, regain MSCI developed market status.
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Korea Introduces Online Account Tracker
Samuel Riding January 19, 2016System designed to help customers identify dormant accounts shows snapshot of balances across 16 lenders.
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S.Korea Amends Private Fund Investment Law
Samuel Riding January 12, 2016New category of private funds for professional investors to be allowed to invest in any asset type.
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Nuclear Test to Have Limited Impact on Markets: FSC
Samuel Riding January 6, 2016S. Korea Financial Services Commission convenes emergency meeting after North Korea tests hydrogen bomb.
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