The FSS sought to reprimand Sohn Tae-seung, but two courts have now ruled in favour of the Woori Financial Group chairman and CEO.
August 4, 2022The Supreme Court has allowed lawsuits accusing foreign banks of manipulating LIBOR to be heard in New York even though the banks did not operate in the US.
June 27, 2022Administrative penalties or criminal judgments will no longer be preconditions for courts to accept civil compensation cases involving securities fraud.
February 6, 2022Finance ministry officials have reportedly said that a law for cryptocurrencies could as soon as February 2022, around the time of India's next general Budget.
October 29, 2021The RBI has clarified that its 2018 circular prohibiting cryptocurrency dealings is no longer valid, and should not be cited or quoted from.
June 2, 2021Banks will need to closely monitor their asset quality in the coming quarters, the RBI said in its annual report.
May 31, 2021The unofficial guidance comes as Indian lawmakers look to introduce a ban on cryptocurrencies and penalise anyone dealing in them.
May 17, 2021The extension gives the government two weeks to decide on whether to extend a loan moratorium for borrowers and whether an interest waiver is warranted.
September 11, 2020New regulations issued by China’s Supreme Court provide channels for small and medium investors to pursue joint litigation in securities disputes.
August 7, 2020Market commentators believe that a recent Supreme Court decision has prompted the government to work towards a new regulatory approach, rather than an outright ban.
June 17, 2020