Stay updated with breaking news from Fsc kleinbekommen. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Seoul government and five major banks here plan to provide nearly 76 trillion won ($57 billion) this year to help local businesses invest in new advanced technologies and lower their financial burdens, the financial regulator said Thursday. ....
Investors who have incurred significant losses from equity-linked securities (ELS) tied to Hong Kong s Hang Seng China Enterprises Index (HSCEI) have requested the Board of Audit and Inspection of Korea (BAI) to investigate financial authorities. They argue that there have been serious supervisory failures regarding this matter. ....
The Financial Services Commission (FSC) plans to release a draft of environmental, social, and corporate governance (ESG) disclosure standards, which will apply to companies listed on the Korean stock exchanges. This draft is scheduled to be released between March and April, according to the financial regulator. ....
Starting in the second half of this year, crimes related to digital assets such as price manipulation, insider trading and unfair trading practices will be prohibited, as the country s first law on protecting digital asset investors will take effect on July 19. Individuals involved in such illegalities can face a maximum penalty of life imprisonment, if they are found guilty of pocketing a wrongful gain of over 5 billion won ($3.7 million). ....
The financial regulator said Tuesday it will require companies to publicly disclose details of key decisions when they push for merger deals, in an effort to better protect investors. ....