Regulatory Alerts2017-03-16
New Legislation Proposed for Money Market
The Financial Services Commission has proposed new legislation establishing comprehensive rules for money market borrowing and lending activities. The framework mandates transaction reporting for money market instruments, requires interest rate disclosures, and standardizes benchmark rate determinations. These regulatory updates aim to enhance market transparency and streamline financial operations for domestic and international participants.
New Legislation Proposed for Money Market
Date
2017-03-16
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766
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New Legislation Proposed for Money Market_.pdf (fileSize: 186KB)
The Financial Services Commission (FSC) proposed legislation that will establish new rules and regulations governing borrowing and lending activities in the money market. The new legislation will provide for, among others, reporting of buying and selling of money market instruments, disclosure of interest rates, and the determination of benchmark interest rates.
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Amendments Proposed for the Enforcement Decree of the Act on Registration of Credit Business, etc. and Protection of Finance Users
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Rule Changes Proposed for the Use of Special Nominee Account by Foreign Bond Investors
Department/Division in charge of Information management
Department/Division In charge
International Affairs Department(Financial Hub Korea) International Cooperation Team
Phone Number
+82-2-3145-7895