Financial regulator vows tighter rules for PEFs in 2021
FSS head vows tighter rules for PEFs in 2021 Posted : 2021-01-02 09:33 By Lee Kyung-min Private equity funds (PEFs) will be subject to tightened rules this year, as indicated by the New Year speech made by Financial Supervisory Service (FSS) Governor Yoon Suk-heun. The vocal resolve was part of a rebuke against the Financial Services Commission (FSC), the FSS' supervisory organization supposedly in charge of financial market regulations and monitoring as well as implementation and creation of related rules, the key failed functions Yun believes have led to the mis-selling of derivative-link...
Source: koreatimes.co.kr