Sponsored South Korea Introduces Tougher Derivatives Regs South Korea’s Financial Services Commission and Financial Supervisory Service have jointly announced tougher regulations for the derivatives market to help reduce stock market volatility caused by trading stock derivatives, reports The Wall Street Journal. January 12, 2011
Sponsored SK To Monitor Foreign Currency Flows South Korea’s Financial Supervisory Service will boost oversight of foreign-capital flows to safeguard domestic financial markets from systemic risks posed by ‘hot money. January 10, 2011
Sponsored S.Korea To Expand, Extend FX Derivatives Inspection South Korea’s Financial Supervisory Service and the Bank of Korea have announced they are adding at least two banks to its inspection of fx derivatives trading, reports Korea JoongAng Daily. May 04, 2011
Sponsored Banks Punished Over FX Violations In Korea South Korea’s Financial Supervisory Service has lowered the ceiling for fx derivatives at domestic branches of Crédit Agricole and United Oversees Bank after they exceeded their limits on how big a proportion of their equity capital the contracts could represent, reports Bloomberg. January 27, 2011
Sponsored Korea To Tighten FX Derivatives Supervision South Korea’s Financial Supervisory Service will step up supervision of fx derivatives trading, especially by local branches of overseas banks. It did not say whether it would do the same for domestic banks, reports Reuters. June 01, 2011
Sponsored S.Korea Eyes Bad Bank South Korea’s Financial Supervisory Service says eight banks and the United Asset Management Corp. will contribute an estimated ₩1.2 trillion ($1.1 billion) to establish a bad bank for the lenders’ troubled assets, reports Korea Times. May 13, 2011
