Regulators are extending support measures, encouraging write-offs of loss-making assets, and reassessing risk weights.
May 28, 2023Korean officials will seek tougher sanctions and penalties as well as regulatory improvements to the current CFD trading system.
May 24, 2023The taskforce was established to lay the groundwork for promoting "data-driven innovation" in the financial industry.
May 19, 2023The FSC said it has confirmed that a "significant number" of CFD accounts were involved in last month's stock crash.
May 17, 2023The FSS uncovered cases where market participants deliberately short-sold securities without first borrowing the stock in a bid to "maximise trading profits".
May 6, 2023Under the revised "PF Lenders Agreement”, creditors will be able to quickly reschedule debt and supply new funds if real estate projects being financed run into trouble.
May 3, 2023The FSC will seek to ensure consistency with global standards and major markets to reduce the burden for domestic firms.
May 2, 2023Prosecutors have issued travel bans on ten individuals who are suspected of engaging in stock price manipulation activities.
April 30, 2023The "Virtual Asset User Protection Bill" consolidates and reconciles 19 legislative proposals introduced over the two years since May 2021.
April 28, 2023South Korea is not required to join the test as none of its banks are classified as G-SIBs, but it is nonetheless joining in order to better monitor global contagion risks.
April 27, 2023