All posts tagged "Hong Nam-ki"
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217Fintech / RegtechS. Korean Legislators Seek to Delay Cryptocurrency Taxation
Lawmakers are proposing to delay plans to tax cryptocurrency gains by one year to 2023, and to impose a more generous tax framework.
October 14, 2021 -
235Korea
S. Korea to Start Taxing Cryptocurrency Gains Next Year
Any further delay will lead to "the loss of public trust in government policy and undermine stability in the legal system", said finance minister Hong Nam-ki.
October 11, 2021 -
701KoreaS. Korea to Impose Capital Gains Tax on All Financial Products
The new framework will see a 20% capital gains tax imposed on retail investor profits over 20mn won, and 25% on profits over 300mn won.
June 28, 2020 -
396KoreaS. Korea to Set Up SPV to Support Lower Grade Corporate Debt
The SPV is a separate initiative from the bond market stabilisation fund, which focused on corporate bonds rated AA and higher.
May 22, 2020 -
702KoreaS. Korea to Deploy Emergency Measures to Minimise Covid-19 Impact
The central bank is working on financial aid packages for the sectors directly affected by Covid-19, on top of the 1.9bn won package already announced by the government to aid SMEs and small merchants.
February 17, 2020 -
1.0KFintech / RegtechKorea Announces New Measures to Boost Fintech Development
Among other measures, the FSC said that it would promote the use of regulatory sandboxes to produce at least 100 cases of innovative financial services by March 2020.
December 5, 2019
