Financial Services Commission says it will introduce tighter mortgage screening at the end of December.
Alibaba- and Kakao-backed groups get preliminary approval to establish online lenders.
Financial statements of foreign lenders operating in Korea will no longer be scrutinised by FSS.
Korean exchange operator introduces WIT for government bonds, sets stage for listing of new types of debt security.
Financial Services Commission to introduce D-SIBs, capital buffers and Basel Pillar II for banks
KDB, which is leading a rescue package for Daewoo Shipbuilding, has stakes of at least 5 percent in more than 377 businesses.
Country’s top financial regulator expected to push forward plan to restructure corporations in poor financial health this year.
South Korea's Financial Services Commission says that next month it will expand the role of a leading bad asset management firm in overhauling debt-laden companies, in an effort to speed up corporate restructuring in the country.
The Financial Supervisory Service is looking into the derivatives transactions of four foreign banks which have jumped abnormally amid a gradual decline among other banks since since last year.
The Korea Exchange has said that it will seek to list foreign ETFs on the local stock market to meet rising local demand for direct overseas investment.
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