Starting 16 September, all listed stocks and bonds must be issued and registered electronically, and no longer exist in paper form.
September 16, 2019South Korea's Cabinet has approved an ordinance to introduce an electronic securities system for all listed stocks and bonds from 16 September.
June 19, 2019The Korea Securities Depository and nine brokerages are facing penalties for inadequate internal controls over their offshore equities trading
June 11, 2019FSC chairman Choi Jong-ku has repeatedly called for a cut in the securities transaction tax to ease the burden it places on stock and mutual fund trades.
May 30, 2019SWIFT has released a new report on the state of adoption of the ISO 20022 financial messaging standard among Asia Pacific securities market infrastructures.
April 3, 2019The 500 billion won fund will start investing in the KOSDAQ from November. Separately, market participants will establish an emergency monitoring system to better respond to instability.
October 30, 2018Korean brokerages don’t have adequate internal systems that could prevent fat-finger errors like those that affected Samsung Securities in April.
August 9, 2018FSS is advocating for regulatory agencies and private companies to work together to enable stock trading through blockchain, noting progress in the US, UK, Japan and Australia to move forward on the technology.
August 6, 2018Measures to prevent repeat of Samsung Securities dividend payout error include new real-time monitoring system, tighter controls at securities firms, tougher penalties.
May 29, 2018