All posts tagged "FSC"
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375KoreaFSC Korea Approves Rule Changes to Promote KONEX Market
The changes will allow retail investors to trade the KONEX market more freely and allow listed firms to more easily maintain their listing status.
April 28, 2022 -
536Securities / DerivativesTaiwan: Foreign Brokers Cleared of Wrongdoing in Trading Probe
A probe into foreign brokerage firms was launched last month after they sold shares in TSMC while also issuing “buy” recommendations in research reports.
April 28, 2022 -
493AML / KYCOFAC Sanctions Russian Crypto Miners, UK Targets Military
OFAC designated Russian crypto miners and a bank offering sanctions evasion services. The UK sanctioned Russian generals and others supporting the military.
April 22, 2022 -
685Fintech / RegtechFSC Korea Green Lights Kakao Digital Insurance Business
The approval marks the first time that a newcomer to the insurance industry has been given permission to start a digital insurance company.
April 20, 2022 -
634Feature
FSC Korea to Relax Network Separation, Cloud Computing Rules
The rule amendments seek to address excessive regulations that have hindered digital transformation efforts in the financial sector.
April 20, 2022 -
515Fintech / RegtechFSC Korea Bolsters Consumer Safeguards in MyData Licensing System
The FSC will prohibit MyData services providers from buying and selling consumer data, and start conducting post-licensing inspections to ensure adequate protections are in place.
April 15, 2022 -
374AML / KYCFSC Australia Issues Guidance on Russian Asset Divestment
The guidance is for superannuation trustees, asset managers investing superannuation capital, and asset managers operating managed schemes with super funds as investors.
April 8, 2022 -
576TaiwanTaiwan FSC Directs FIs to Protect Elderly Consumers
FIs have been selling unsuitable products to elderly customers without conducting a proper risk assessment and sometimes categorising them as professional investors.
April 8, 2022 -
691ESG / Sustainability
Taiwan FSC Ramps Up Efforts to Promote Green Finance
The FSC will encourage FIs to use their capital, investment and financing decision-making power to guide enterprises towards sustainable development.
April 6, 2022 -
419Enforcement
Korea: FSC, FSS Relaunch Special Investigations Team
The team comprises officials from the FSC and FSS, who will be authorised to investigate illegal acts in the capital market more quickly.
April 6, 2022
