One of the areas the FSC is scrutinising is the use of online influencers by fund houses to promote their products.
March 18, 2024The FSC has decided to appeal a High Court ruling that nullified a reprimand warning imposed on Hana Financial Group CEO Ham Young-joo in 2020.
March 18, 2024The updated stewardship code calls on institutional investors to monitor investee companies and encourage them to participate in the "Corporate Value-up Programme".
March 15, 2024Small merchants who borrowed from nonbank financial institutions with interest rates ranging from 5 to 7 percent can apply for partial refunds.
March 13, 2024Officials also announced plans to launch a new taskforce to more effectively make long-term and consistent support available for climate finance.
March 8, 2024Companies will have to disclose the purpose, expected outcome, price and cost of M&A transactions, along with the reasons for any dissenting opinions from the board.
March 8, 2024Cathay Life Insurance has already announced it will establish an SPV in Singapore to issue bonds, which would make it the first to take advantage of the revision.
March 8, 2024The changes will prohibit lenders from imposing early repayment fees that exceed the actual costs incurred by prepayment of loans.
March 6, 2024The bill aims to create comprehensive regulations for the crypto industry, improve investor protections, and address risks to the traditional financial system.
March 6, 2024The FSC proposes to exempt certain financial institutions from the ex-ante disclosure requirements for insider transactions.
March 4, 2024