The service will allow consumers to compare and receive recommendations for deposit products from various FIs.
March 24, 2023The FSC said the new loan facility is being introduced to protect borrowers from illegal private finance and predatory lending.
March 23, 2023The FSC will focus on the segregation of customer assets at crypto exchanges, the supervision of token listings, and customer protection.
March 22, 2023KRX chief Sohn Byung Doo says the complete resumption of short selling will help Korea win inclusion in MSCI's developed markets index.
March 20, 2023Regulators intend to introduce a new capital buffer system which will be based on banks' risk management and stress test results.
March 17, 2023New FSC taskforce will work on measures to help FIs expand and invest overseas and address issues that prevent global firms from entering the Korean market.
March 16, 2023South Korea's thoughtful approach to regulating digital assets will foster growth and innovation and result in a more vibrant and inclusive digital economy, say Rahul Advani and Angela Ang.
March 15, 2023Applications for preliminary accreditation will be accepted between 27-30 March. Once authorisation is granted, firms will have six months to launch.
March 15, 2023HSBC expects the deal to be profitable, strengthen its commercial banking franchise, and enhance its ability to serve innovative firms.
March 14, 2023Two firms were fined a combined KRW 5.05 billion (USD 3.9 million) for naked short selling. The names of the firms were not released.
March 14, 2023