All posts tagged "S Korea"

• Korea

  S. Korea’s UAMCO to Lead Corporate Restructuring from November

  South Korea's Financial Services Commission says that next month it will expand the role of a leading bad asset management firm in overhauling debt-laden companies, in an effort to speed up corporate restructuring in the country.

  October 21, 2015
• Korea

  S. Korea Probes Four Foreign Banks on Derivatives

  The Financial Supervisory Service is looking into the derivatives transactions of four foreign banks which have jumped abnormally amid a gradual decline among other banks since since last year.

  October 15, 2015
• Korea

  S. Korea Eyes Listing of Foreign ETFs on Local Bourse

  The Korea Exchange has said that it will seek to list foreign ETFs on the local stock market to meet rising local demand for direct overseas investment.

  October 6, 2015
• Korea

  S. Korea Considers Approvals for Internet-Only Banks

  Three consortiums led by IT firms have applied for preliminary licenses to launch the country’s first Internet-only banks.

  October 4, 2015
• Korea

  S. Korea Signs MOU with CFTC on Cross-Border Clearing Supervision

  Enhances cooperation and information exchange in the supervision of clearing organisations that operate cross-border.

  September 28, 2015
• Korea

  S. Korea Revises IT Rules for Financial Institutions

  Korea’s Financial Supervisory Service has announced revisions to rules on electronic finance supervision to incorporate exceptions for network separation at financial institutions.

  September 25, 2015
• Korea

  S. Korea Regulator to Task Overhaul of Debt-Laden Companies

  South Korea's Financial Services Commission will charge a leading bad asset management firm to overhaul debt-laden companies in an effort to speed up the country's corporate restructuring program.

  September 21, 2015
• Korea

  S. Korea Enhances Bank Internal Controls and Compliance Functions

  FSC implements new guidelines to ensure the effectiveness of internal controls and compliance functions in the banking sector.

  September 19, 2015
• Korea

  S. Korea Enhances Lending Rate Comparison for Consumers

  Financial Supervisory Service announces various measures to improve consumers’ ability to compare lending rates posted online by financial institutions.

  September 18, 2015
• Korea

  S Korea to Lower Barriers for Foreign Banks

  Korea’s Financial Services Commission will ease regulations for foreign lenders seeking to expand their banking operations in a bid to boost the country's global competitiveness.

  September 7, 2015