All posts tagged "FSC"
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138FeatureKorea Considers Capping Margin Lending, Underwriting Fees
Interest rates on margin accounts vary between 4.5% and 9%; underwriting fees vary between 1% and 6% of the total value of the shares.
September 29, 2020 -
169Securities & TradingTaiwan FSC Considers Changes to Capital Market Rules
The FSC is examining whether to encourage the development of Internet-only securities companies to cater to investors who are increasingly placing orders online.
September 29, 2020 -
237Taiwan
Taiwan FSC Issues New Rules on Domestic OBU Accounts
About 90,000 of Taiwan's 130,000 OBU accounts are owned by overseas firms that are actually Taiwanese companies.
September 28, 2020 -
937Feature
Taiwan FSC Outlines Plans for Capital Market Development
A 3-year roadmap to be unveiled by year-end includes plans to set up central clearing for OTC derivatives, and improve convenience and efficiency for foreign investors.
September 27, 2020 -
347Asia-PacificKorea, Thailand Sign MoU on Financial Services Regulation
The agreement will help enhance supervisory efficiency and promote innovation through experience sharing, technical assistance and exchange of information.
September 25, 2020 -
522Enforcement
Korea to Introduce Civil Penalties for Unfair Trading
Currently, unfair trading activities are punishable under criminal law, but prosecutions often take a long time due to the high burden of proof required.
September 21, 2020 -
429Capital RegulationTaiwan FSC Fines Shin Kong Life for Endangering Solvency
The FSC has also suspended the Shin Kong Life's chairman, who was responsible for the investment decisions that threatened the insurer's financial strength.
September 18, 2020 -
357Capital Regulation
Korean Financial Groups to Start Publishing Integrated Disclosures
Samsung, Mirae Asset, Hanwha, Hyundai Motor, Kyobo and DB will start publishing group-wide integrated disclosures from end-September.
September 17, 2020 -
1.1KFintech / Regtech
Korea Forms Consultative Body to Tackle Digital Finance Risks
With participation from industry participants, the body will seek to promote regulatory reform to promote innovation, fair competition and consumer safety in digital finance.
September 16, 2020 -
502Enforcement
Korea to Strengthen Penalties for Naked Short Selling
Under a new bill, unauthorised short selling can be punished criminally, in addition to a penalty up to 300% of profits obtained or losses avoided through the short selling.
September 15, 2020
