All posts tagged "FSC"
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800Capital RegulationS. Korea Issues New Guidance on Large Exposures
Moody's says the requirements are more conservative than existing limits on counterparty risk and will further reduce banks' maximum losses if a counterparty suddenly fails.
March 7, 2019 -
649Enforcement
S. Korea Mulls Granting Investigative Powers to FSS
Under the new approach, the FSS will be able to launch investigations without having to first report to the FSC and request warrants to search and seize evidence.
March 6, 2019 -
1.4KFeatureUPDATED – S. Korea to Boost Fintech Development with Open Banking
The FSC plans to make banking APIs more open, accessible and cost-efficient so all nonbank fintech players can access Korea's payment network.
February 26, 2019 -
1.1KSecurities & TradingNine Taiwan Brokers Approved to Issue ETNs – Report
The Taiwan Stock Exchange and GreTai Securities Market have so far approved a total of 9 securities firms to issue exchange traded notes in Q2 this year.
February 22, 2019 -
721Securities & TradingUPDATED – Taiwan Mulls Introduction of Intraday Odd-lot Trading
Currently, odd-lot trades are only permitted in after-hours trading. The introduction of intraday odd-lot trading will boost daily turnover and give retail investors more choice, the FSC says.
February 19, 2019 -
3.0KFintech / RegtechTaiwan FSC Sets Up Panel to Review Internet-only Bank Applications
The new panel will assess formal applications for internet-only bank licences. Chunghwa Telecom, Waterland Financial and Line Financial are each seeking licences.
February 14, 2019 -
650Fintech / Regtech
S Korea Proposes New Legal Framework for P2P Sector
South Korea’s booming P2P lending market is in need of new legislation to enhance protections for investors and borrowers, says FSC chairman Choi Jongku.
February 13, 2019 -
1.0KAsia-PacificAsia Region Funds Passport Goes Live
Japan, Thailand, Australia ready to receive applications from prospective ARFP funds; New Zealand, S. Korea making progress on legal and regulatory requirements.
February 4, 2019 -
971Korea
S. Korea FSC Announces ‘Revitalisation Plan’ for KONEX Market
New rules for the KONEX are aimed at boosting liquidity and trust in the market, while also making fundraising easier for SMEs and venture companies.
January 31, 2019 -
630FeatureUPDATED – S. Korean to Change COFIX Calculation Starting in July
Bank lending rates should fall by about 0.27% under the new COFIX. The change in calculation is credit negative for Korean banks, says Moody's.
January 24, 2019
