Congress should strengthen disclosure requirements for crypto firms and expand regulators’ powers to prevent misuses of customers’ assets and mitigate conflicts of interest, officials say.
January 30, 2023The rules strengthen requirements for firms to protect customers and implement transaction management and process controls.
January 24, 2023A review will be undertaken this year to assess whether marketing and advertising comply with MiFID II disclosure rules.
January 18, 2023At a forum on Monday, FSS governor Lee Bok-hyun also said accounting standards will be established to require companies to disclose their crypto exposures.
January 17, 2023A consultation on retail trading will begin sometime in Q1. The SFC plans to start accepting applications for VASP licences in mid 2024.
January 12, 2023Stock exchanges will be allowed to launch futures contracts on indices of corporate debt securities rated AA+ and above.
January 12, 2023The revisions impose stronger corporate social responsibility obligations and require shareholders to make capital contributions if a company cannot repay its debts.
January 8, 2023The rule will require takeover bidders to offer minority shareholders an opportunity to sell their shares in a corporate merger or acquisition.
December 30, 2022The SFC warns that virtual asset platforms may on-lend customer assets or them in investment or other activities, which could potentially lead to a "total loss".
December 14, 2022New licensing regime for VASPs will start on 1 June 2023. New registration regime for precious metals dealers will start on 1 April 2023.
December 8, 2022