Addressing Controversy Surrounding the Resumption of Quick Promoting: Insights from Monetary Supervisory Service Head Lee Bok-hyeon
Reducing the extent of controversy surrounding the ‘mismatch’ of resuming brief promoting… ‘Restricted resumption’ nonetheless means Lee Bok-hyeon (pictured), head of the Monetary Supervisory Service, mentioned on the twenty seventh, “It will likely be potential to determine a system to forestall unlawful brief promoting across the first quarter of subsequent 12 months.” He added, “Subsequent […]
Confusion in Monetary Business: Brief Sale Debate Between Monetary Authorities and Authorities
Bok-Hyeon Lee “Brief sale, partial resume” VS Workplace of the President “Private ideas” Monetary Supervision Service (Photograph = Seoul Finance DB) [서울파이낸스 이서영 기자] Confusion is rising within the monetary funding business because of variations of opinion between monetary authorities and the federal government relating to the resumption of brief promoting. The response is complicated […]
Monetary Companies Fee Pursues ‘Orderly Mushy Touchdown’ in Actual Property Undertaking Financing Market
[비즈니스포스트] The Monetary Companies Fee has indicated its intention to pursue insurance policies inside the scope the business can afford to make sure an ‘orderly comfortable touchdown’ in the true property mission financing (PF) market. On the twentieth, the Monetary Companies Fee held a ‘PF Actual Property Market Knowledgeable Assembly’ on the Authorities Complicated in […]
iM Financial institution: Daegu Financial institution Reborn as a New Industrial Financial institution After 32 Years
[비즈니스포스트] DGB Daegu Financial institution is being reborn as a brand new business financial institution for the primary time in 32 years. Daegu Financial institution modified its title to ‘iM Financial institution’ and opened its first department in Wonju, Gangwon-do. ▲ DGB Daegu Financial institution is being reborn as a brand new business financial institution […]
Financial Sector Urged to Support Taeyoung Construction’s Partners with Special Measures
[비즈니스포스트] The Financial Supervisory Service urged the financial sector to support Taeyoung Construction’s partners through measures such as exemption from sanctions. The Financial Supervisory Service announced on the 29th that it was holding a meeting with financial associations from industry and vice presidents in charge of credit at major banks and asked the financial sector […]
Strengthening Internal Control of Banks: Financial Supervisory Service Implements New Requirements for Compliance Officers and KPI Management
[비즈니스포스트] The Financial Supervisory Service strengthens the internal control of banks by strengthening the qualification requirements of compliance officers. The Bank’s KPI (Key Performance Indicator) management is also being strengthened to prevent unhealthy practices from occurring. ▲ The Financial Supervisory Service is increasing the qualification requirements for compliance officers in the banking sector and strengthening […]
Financial Supervision Service Chairman Lee Bok-hyeon Calls for Market Principle-Based Adjustments in Real Estate Project Financing
Adjustments Needed for Real Estate Project Financing: Financial Supervisory Service Chairman Lee Bok-hyeon, head of the Financial Supervision Service, emphasized the necessity for market-based adjustments in the case of insolvency in real estate project financing (PF). Following a meeting with the bank holding company’s board of directors on the 12th, Director Lee addressed the media […]
Promoting Korean Financial Companies in ASEAN: 2023 Ambassador Lunch Meeting Highlights
ASEAN Ambassador to Korea Lunch Meeting Brings Together Key Industry Leaders On the afternoon of the 10th, the Financial Services Commission, the Financial Supervisory Service, and the Korea Banks Federation hosted the ‘ASEAN Ambassador to Korea Lunch Meeting’ at the Banyan Tree Hotel. The gathering provided an opportunity for key attendees to network and promote […]
The Impact of a Temporary Ban on Short Selling on the Korean Stock Market
Financial Services Commission Implements Temporary Ban on Short Selling The Financial Services Commission held a special weekend meeting on the 5th and announced a complete ban on short selling for all stocks in the domestic stock market until June 2024. This decision was made in response to market uncertainties and concerns about fair price formation […]
The Global Criticism Continues: Korea’s Outright Ban on Short Selling Under Fire
Title: International Criticism Mounts over Korea’s Ban on Short Selling Introduction: The financial authorities’ complete ban on short selling has sparked intense debate both domestically and internationally. While the public opinion in Korea remains divided, foreign media outlets and experts are increasingly critical, citing concerns over its impact on inclusion in the MSCI developed countries […]
