Risk management practices and controls used by fund managers reduce overall risk but "pockets of relatively higher risk" still exist.
January 23, 2023The guidelines describe three categories of conduct that may constitute a violation of foreign investment laws and regulations, and how penalties may be imposed.
October 26, 2022A new CBIRC notice is aimed at encouraging banks, wealth management firms and life insurers to develop their commercial pension business.
May 12, 2022The FSS is also proposing to force Hana Bank executives and employees involved in DLF mis-selling to pay penalties.
February 1, 2022The FSC proposes to allow Taiwanese securities and futures companies to own more than 50 percent of Mainland institutions.
January 30, 2022Mutual funds and AMCs will be required to maintain mandatory metrics on investment risk, liquidity risk and credit risk, and perform stress tests at least monthly.
September 30, 2021Disclosures should be made through the SET’s online portal, company websites, annual registration statements and annual reports.
September 25, 202113 SPAC IPOs in Korea this year were oversubscribed 169.4 to 1. Historically, 85 of 133 SPACs completed mergers, a success rate of 63.9%.
September 1, 2021The new quotas, awarded to 17 institutions, represent the largest approval by SAFE in the history of the QDII scheme.
June 4, 2021South Korean financial institutions are required to record the sales process and implement a cooling-off period for complex investment products.
May 13, 2021