Search result for Financial Services Commission
![](https://industryglobalnews24.com/images/important-lessons-from-loosening-regulations-for-foreign-investment.jpeg)
Important lessons from loosening regulations for foreign investment
To attract international investment, banking regulators in South Korea have unveiled a new set of rules, one of which is the elimination of the country's decades-old investor registration system. As of the end of June 2022, foreign investors own around 30.7% of the local stock market, as repo...
![](https://www.industryglobalnews24.com/images/fsc-to-partially-lift-the-ban-on-short-selling-of-listed-stocks.jpeg)
FSC TO PARTIALLY LIFT THE BAN ON SHORT SELLING OF LISTED STOCKS
Highlights –
- FSC to partially lift the ban on short selling of listed stocks.
- FSC from Monday onwards will lift the ban on 200 large-cap firms listed on the main KOSPI.
- Short selling ban will be lifted from 150 firms listed on the sec...
![](https://www.industryglobalnews24.com/images/s-korean-govt-plans-to-monitor-illegal-cryptocurrency-activities.jpeg)
S. KOREAN GOVT. PLANS TO MONITOR ILLEGAL CRYPTOCURRENCY ACTIVITIES
Highlights –
- S. Korean govt. plans to monitor illegal cryptocurrency activities.
- S. Korea is concerned with speculative investments and potential illegal activities through cyrptocurrency.
- The country’s finance ministry, FSC, an...
![](https://www.industryglobalnews24.com/images/south-korea-amends-ftra-makes-registrations-with-fiu-mandatory.jpeg)
SOUTH KOREA AMENDS FTRA; MAKES REGISTRATIONS WITH FIU MANDATORY
Highlights:
• The South Korean government wants to regulate the crypto domain
• The government is concerned about crypto being used for money laundering
South Koreans have b...
![](https://www.industryglobalnews24.com/images/new-rules-in-place-for-the-crypto-domain-in-south-korea.jpeg)
NEW RULES IN PLACE FOR THE CRYPTO- DOMAIN IN SOUTH KOREA
Highlights:
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South Korea needs all its firms that deals with cryptocurrencies to be registered with 6 months
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VASPs now keep records of crypto customers identities
South Korea’s National Assembly approved a ...
![](https://www.industryglobalnews24.com/images/south-korea-to-join-asian-region-funds-passport-system.jpeg)
SOUTH KOREA TO JOIN ASIA REGION FUNDS PASSPORT SYSTEM
Highlights –
- South Korea to join the cross-border sale of fund products to access overseas markets.
- FSC approved the revisions to financial investment services and capital market law.
- The system will allow Korean funds faster inroads...
![](https://www.industryglobalnews24.com/images/woori-bank-and-hana-bank-fined-308-million.jpeg)
WOORI BANK AND HANA BANK FINED $30.8 MILLION
Highlights –
- South Korea’s financial regulator fined Woori Bank and Hana Bank
- Six-month ban on selling private equity fund products
- Banks responsible for failure to protect retail investors from risks
Hana Bank...
![](https://www.industryglobalnews24.com/images/fsc-korea-study-hong-kong-short-sale-rule-for-possible-import.jpeg)
FSC KOREA STUDY HONG KONG SHORT SALE RULE FOR POSSIBLE IMPORT
Highlights –
- Possible import of Hong Kong’s ‘short sale rule’ in the stock market
- Financial Services Commission, South Korea, Chairman proposes the idea
- Short-selling of stocks for market capitalization.
![](https://www.industryglobalnews24.com/images/woori-financial-group-inc-stakes-to-be-sold-off-as-planned.jpeg)
WOORI FINANCIAL GROUP INC. STAKES TO BE SOLD OFF AS PLANNED
Highlights –
- Government selling off Woori Financial Group stakes
- Government has set an average sale price of stocks
- Woori Financial Group controversy
Due to ongoing controversy of South Korea’s - Woori Financi...