Tax setback over Korea October ETN launch

korean flag

Korea Exchange (KRX) is in talks with securities firms about launching exchange-traded notes (ETNs) as early as October this year but a tax issue is proving to be a sticking point in getting the products off the ground.

In November, Korea announced a national plan to strengthen the competitiveness of its financial industry with its '10-10 Value Up' plan which aims to generate 10% of gross domestic product from the financial industry over the next 10 years.

The plan hinges on easing regulatory

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: