The Financial Services Commission (FSC) aims to introduce a mandatory reporting system for high volume short positions.

The FSC is expected to announce measures to relax certain rules concerning futures/options markets with the objective of boosting the domestic futures/options markets.

The dedicated professionals of Financial Institutions Group related practice (FIG) at Yulchon LLC will be bringing you periodic briefings on developments in Korea and globally concerning...

Following amendments to an act ("The Act on External Audit of Stock Companies, etc") on October 31, 2017, many joint stock and limited companies operating in South Korea now have to face mandatory external audits.

On December 3, 2008, amendments to the enforcement decrees for the Bank Act and the Financial Holding Company Act respectively were promulgated, resulting in the relaxation of the test for a "non-financial business operator" ("NFBO") whose ownership of a bank or bank holding company is restricted.

The Financial Supervisory Commission ("FSC") and Financial Supervisory Service ("FSS") of Korea first published their "Guidelines on Personal-Information Protection in the Financial Sector" in July of 2013.

On May 11, 2016, the FSC announced comprehensive plans to reform the licensing policies and regulations to promote market competition and innovation in the Korean asset management industry.

The requirement for Korean insurance companies to account for their assets using IFRS9 from January 2018 is likely to raise capital-related issues for foreign-owned insurance companies...

The requirement for Korean insurance companies to account for their assets using IFRS9 from January 2018 is likely to raise capital-related issues for foreign-owned insurance companies in Korea...

The term "Korea discount" made headlines of major newspapers for quite a while since 2022. Korea discount is a term used to describe a phenomenon in the stock market where equities traded on Korean stock exchanges are undervalued compared to global peers.

On June 27, 2016, the Financial Services Commission ("FSC") announced the proposed amendments to the Presidential Decree to the Financial Investment Services and Capital Markets Act (FSCMA).

Financial regulators will be reinforcing regulations on short selling activities in light of continued criticism that ordinary investors are being unfairly affected by short selling activities.

A new revision to the Financial Investment Services and Capital Markets Act ("FSCMA") passed in early 2020 will be taking effect this October 21, 2021.

On January 25, 2023, the Financial Services Commission of Korea ("FSC") announced certain proposed measures to promote foreign investment in the Korean capital markets.

In January 2018, the Korea Financial Intelligence Unit ("KoFIU") and the Financial Supervisory Service ("FSS") conducted a joint inspection of six Korean banks that provide trading accounts for cryptocurrency exchanges.

Irish investment funds may be sold in Korea by way of public offering or private placement.

Financial Services Commission ("FSC") recently announced proposed changes to regulations regarding asset management businesses and called for industry feedback.

On 14 January 2021, the FSC announced a series of measures to improve corporate disclosure rules in South Korea, including initiatives to promote environmental, social and governance and responsible investing.

I would like to shortly introduce some background facts of the Supreme Court of the United States in 1946.

Financial Services Commission ("FSC") recently announced proposed changes to regulations regarding asset management businesses and called for industry feedback.