The FSS says unfair trade practices and market manipulation are occurring in private placements of convertible bonds.
January 26, 2023Effective from 1 January 2023, the guidelines are part of the response by the FSS and KOFIA to boost market confidence after a series of hedge fund scandals in Korea.
December 28, 2022The revisions follow rule changes made last year to prevent convertible bonds from being used to unfairly dilute small shareholders.
September 9, 2022New trading rules and self-regulatory guidelines are aimed at preventing excess speculation and promoting the development of the convertible bond market.
August 2, 2022Daily price limits will be implemented for listed convertible corporate bonds. Excessive volatility will result in risk warnings.
June 22, 2022New draft guidelines seek to ensure better quality information disclosures for listed companies by expanding the scope of sponsors' responsibilities.
November 24, 2021The maximum fine is being raised from 1/100,000 of market cap to 1/10,000 of market cap, among other changes to the corporate disclosure rules.
September 6, 202113 SPAC IPOs in Korea this year were oversubscribed 169.4 to 1. Historically, 85 of 133 SPACs completed mergers, a success rate of 63.9%.
September 1, 2021Bloomberg’s Abdessamad Khaled and Gaurav Kapoor discuss how structured products have performed and the role automation plays in maintaining stability.
August 5, 2021Taiwan was praised for easing rules on loan-loss reserves for foreign bank branches and for allowing foreign institutional investors to invest in ETFs.
June 21, 2021