FINANCIAL SERVICES COMMISSION

S. Korea Gets Tough on Fake Identities in Asset Deals

By Editors | 26/11/2014

South Korea has plugged loopholes in regulations on an illegal practice of engaging in monetary transactions under a false identity.

S. Korea Appoints New Financial Watchdog Head

By Editors | 18/11/2014

South Korea’s top financial regulatory body has named Zhin Woong-seop, president of the Korea Finance Corp, as head of the Financial Supervisory Service (FSS).

S. Korean Financial Regulator to Relax E-Commerce Rules

By Editors | 07/10/2014

South Korean regulators plan to give financial companies more autonomy in their choice of security programs for online payment systems to boost trade over the Internet.

S. Korean Banks to Get Quota to Invest in Chinese Securities

By Editors | 28/09/2014

Chinese financial regulators are expected to allow South Korean banks and other financial institutions to invest in Chinese bonds, lowering the bar that was only opened to asset managers.

S. Korean Regulator to Ease Requirements on Asset Managers

By Editors | 24/09/2014

South Korea’s financial regulator said it plans to ease capital requirements on asset managers starting next year, in a broader deregulation push for the financial sector.

S. Korean Regulator to Reprimand Financial Firms for Illegal Loans

By Editors | 06/08/2014

South Korea’s chief financial regulator said he will consider punishing financial companies for making illegal loans and leave the punishment of employees up to the companies, in view of disciplinary action being mulled by authorities on hundreds of senior bank officials.

Securities / Derivatives

S. Korea Regulator to Overhaul Financial Regulations

By Editors | 11/07/2014

The South Korean top financial regulator said it will remove regulatory hurdles and outdated practices in the financial sector this year as part of efforts to boost Asia’s fourth-largest economy.

S. Korea Expands Autonomy of Derivatives Market

By Editors | 20/06/2014

The South Korean financial regulator said it plans to launch night trading of US dollar futures, and list more futures products based on securities in a bid to promote the country’s high-risk, high-return financial sector.

S. Korea Regulator Charges US Traders over Illegal Algorithmic Trading

By Editors | 30/05/2014

The South Korean financial regulator has filed criminal charges against a U.S.-based trading company and four of its dealers for making illegal gains through price rigging.