The revision bill will benefit almost 1,000 listed companies, exempting them from a requirement to subject their internal accounting management systems to external audits.
January 4, 2023Local securities firms are required to notify investors if they are fined for violating short selling-related rules, but this is not the case for foreign investors.
October 10, 2022TerraForm Labs accuses Korean prosecutors of overreach. Luna Foundation Guard money allegedly transferred overseas.
October 2, 2022The new "Digital Assets Basic Act" is likely to adopt various measures from 13 bills already proposed by lawmakers and pending in the National Assembly.
August 12, 2022The FSC could use market stabilisation funds and impose short-selling bans to stabilise markets and address excessive volatility.
July 18, 2022Under a new system being proposed, crypto exchanges will coordinate to stop trading in tokens that become excessively volatile within 24 hours.
June 20, 2022So-called 'Business Development Companies' will be listed on the stock market and allowed to invest in and lend to startups and innovative companies.
May 31, 2022The FSC says thirteen relevant bills on digital asset investor protection are currently pending at the National Assembly.
May 26, 2022Korean crypto exchanges have been asked to share their data on UST and LUNA transactions including and the number of affected investors.
May 18, 2022The law is needed to replace 'Resolution 42', which enabled the transparent sale of bad debts and collateral, but is due to expire next year.
October 12, 2021