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[Bills in Focus] Targeting deceptive gains from convertible bonds, retrieving short-swing profits

Proposed bill: Partial Amendment to the Financial Investment Services and Capital Markets Act Proposed by Rep. Lee Wong-woo (Democratic Party of Korea) To prevent the exploitation of callable convertible bonds (CB) for deceptive gain and power, this amendment prohibits stock-listed corporations from selling the call options of the CB or bonds with warrant (BW) to their largest shareholder or affiliated persons. It al.

Futures commissionFinancial service commissionFinancial investment servicesKim democratic party of koreaLee democratic party of koreaYun chang hyun people power partyCompetent authorityMinistry of landPartial amendmentCapital marketsLee wong wooDemocratic partyKim han kyuYun chang hyunPeople power partyUsing station

Korea, SP begin annual consultation meetings

Korea on Monday began annual consultation meetings with global rating appraiser Standard Poor s Global Ratings (SP) to discuss the country s credit valuation and economic circumstances, the finance ministry said.

Soult ukpyolsiSouth koreaYoon suk yeolNational assemblyMinistry of economyFinancial service commissionFinance minister choo kyung hoGlobal ratingsStandard poorKim eng tanUnited stateSouth koreaHe korea timesOrea timesOrean news in english

S. Korea, S&P begin annual consultation meetings

South Korea on Monday began annual consultation meetings with global rating appraiser Standard & Poor's Global Ratings (S&P) to discuss the country's credit valuation and economic circumstances, the finance ministry said. The delegation, led by Kim Eng Tan, senior director of Asia-Pacific sovereign ratings at S&P, is visiting South Korea for three days of consultations through Wednesday, accordi.

South koreaYoon suk yeolFinancial service commissionMinistry of economyNational assemblyGlobal ratingsKim eng tanFinance minister choo kyung hoUnited stateThe korea heraldOrean newsOuth korea newsOuth korea news in englishSia newsK pop코리아 헤럴드

Authorities order South Korean crypto platforms to maintain reserves

South Korean crypto platforms to maintain reserves worth $2.3 million with banks to comply with guidelines that seek to protect the interest of customers.

South koreaFinancial service commissionVirtual asset real name account operation

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