BANK OF KOREA

Securities / Derivatives

APAC Regulators Welcome Global FX Code

By Samuel Riding | 25/05/2017

Regulators from Australia, Hong Kong, India, Korea and Singapore say they will ‘promote adherence’.

Capital / Liquidity

Philippines to Ink 2 ABIF Agreements Next Month

By Samuel Riding | 23/03/2017

Outside regional framework, six banks are negotiating individual deals to set up operations.

Capital / Liquidity

BSP Considering License Applications of 6 Foreign Banks

By Samuel Riding | 02/03/2017

14 foreign institutions have set up operations in the country since liberalisation in 2014.

Capital / Liquidity

Slow Progress on ASEAN Banking Integration

By Samuel Riding | 26/01/2017

Fitch Ratings suggests full integration a ‘very distant goal’.

Market Infrastructure

Philippines Eases FX Rules to Support 100% Foreign Ownership of Banks

By Samuel Riding | 15/12/2016

Central bank has been amending rules related to foreign banking in bid to attract more depositors.

AML / KYC

S.Korea Planning Bitcoin Exchange Regulation

By Samuel Riding | 22/11/2016

Multi-agency task force to consider Japan, US and EU regulatory models.

Market Infrastructure

Korea Regulator Enters ‘Emergency Mode’ Amid Scandal

By Samuel Riding | 08/11/2016

FSC says to step up monitoring and attempt to stabilise markets over increasing uncertainties.

Capital / Liquidity

S.Korea ‘Largely Compliant’ With Basel III, BIS Says

By Samuel Riding | 22/09/2016

Country found to fully meet 12 of 14 risk-based capital regulations; compliant with LCR rules.

Market Infrastructure

S.Korea Looks to Recapitalise Policy Banks

By Samuel Riding | 28/04/2016

Task force to looks at bank recapitalisation plans amid restructuring of troubled industries.