All posts tagged "FSS"
-
572AML / KYCS.Korea to Inspect Banks’ Crypto Dealings for AML Compliance
FSS and KoFIU will check on implementation progress of AML guidelines; examine corporate accounts belonging to crypto exchanges.
March 26, 2018 -
614EnforcementS.Korea Tax Authority Fines Brokers for ‘Borrowed Name’ Accounts
Brokerages penalised for Samsung chief’s borrowed-name accounts will seek to recover money from the electronics giant.
March 21, 2018 -
626Enforcement
S. Korea FSS Chief Resigns Amid Hiring Scandal Allegations
Choe Heung-sik denies allegations he helped a friend’s son get a job while he was president of Hana Financial Group; resigns anyway.
March 14, 2018 -
1.1KFeatured ArticlesHong Kong’s Fintech Sandbox Risks Alienating Innovators
HKMA financial technology sandbox needs to evolve to maximise value for all concerned, a new study suggests.
March 1, 2018 -
534Capital / LiquidityS.Korea Regulators Probe Bank’s Lending Practices
Regulators want to ensure banks are determining interest rates properly as household debt stubbornly refuses to decline.
February 28, 2018 -
657Crypto / Digital Assets
S.Korea to ‘Encourage’ Banks to Deal with Crypto Exchanges
FSS governor says government will support ‘normalised trading’ of cryptocurrencies, requiring interaction of banks and crypto exchanges.
February 22, 2018 -
687Enforcement
Korea Seeks to Expand Recruitment Probe to NBFIs
Probe could include some 70 savings banks, insurers, credit card providers and investment companies.
February 9, 2018 -
668Enforcement
Korean Banks Face Claims of Corrupt Recruitment
FSS says banks kept list of officials and former officials whose family members should be favoured in recruitment processes.
February 7, 2018 -
759Crypto / Digital Assets
Korea Clamps Down on Cryptocurrency Speculation
Traders can only use real names to open cyptocurrency accounts, must be authenticated by banks under state regulatory jurisdiction.
January 2, 2018 -
Korea
S. Korea’s FSS to Encourage Financial Institutions to Take Active Part in Corporate Restructuring
Country’s top financial regulator expected to push forward plan to restructure corporations in poor financial health this year.
October 28, 2015
