South Korea
Regulatory straitjacket?
South Korea introduced a raft of new legislation with the aim of helping make Seoul a world-class financial centre prior to the financial crisis. But the events of 2007–08 proved a game changer as regulators grappled with the damage wreaked by kikos and…
Seeking stability
Jong-Goo Yi, commissioner at Korea’s Financial Services Commission, is unusual among Korean regulators as he has a PhD in economics from Stanford University and spent several years working as a lawyer on Wall Street. He speaks with Harry Thompson about…
Building up bonds
Tax and structural changes in the South Korean government bond market last year will likely result in a significant rise in liquidity in this market this year, so facilitating the use of more sophisticated trading strategies.
Hub hubbub
New rules coming into force in many jurisdictions in Asia are challenging the ability of global financial institutions to operate a hub-and-spoke business model for their derivatives businesses. By Jacqueline Low, Jing Gu and Keith Noyes
Asia comes of age
Dealers are increasingly offering exchange-traded funds (ETFs) to retail investors to give them access to asset classes and instruments traditionally not available to them. At the same time, regional exchanges are trying to bolster their ETF business. Is…
Regulatory backlash
Editor's letter
A sense of déjà vu
Letter to the editor
Sell suits
A number of lawsuits have emerged across the globe, with disgruntled corporates alleging they were sold unsuitable derivatives products and were unaware of the risks involved. Will changes to bank selling practices emerge as a result? By Christopher…
KO-ed in Korea
Derivatives litigation has reached a new level in South Korea, where early court rulings on corporate currency options positions went against financial institutions and threatened the legal enforceability of derivatives contracts in the country. A change…
Swap stabilisers
Editor's letter
Simply Samsung
Samsung Securities
New governor overhauls South Korea's financial watchdog
Daily news headlines
A new feel for foreign funds
South Korea
Stocking up abroad
South Korea
South Korea’s National Pension Service partners with Credit Suisse on risk management
South Korea’s National Pension Service (NPS) today signed a three-year partnership agreement with Credit Suisse that will cover a range of services including asset management, risk management, governance, technology transfer and training.
South Korean minister warns on economy
Korean honcho sees possible pitfalls in exchange rate, housing market
South Korea on target for Basel II
The South Korean Financial Supervisory Service (FSS) will begin screening banks’ Basel II programmes from June.