Stricter supervision in South Korea

Stricter supervision

jang-yung-lee

Strong regulatory action emerged as a theme for Korean overseers since the start of the financial crisis. Foreign exchange guidelines, a new product approval bill (NPA) and other rules have followed the wide-ranging reform of the 2009 Financial Investment Services and Capital Markets Act (FSCMA). And speakers at Risk Korea 2010 provided an update of some of the regulatory changes, both home and abroad, and what they might mean for participants, some of whom have expressed their concerns about

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