FSC TO PARTIALLY LIFT THE BAN ON SHORT SELLING OF LISTED STOCKS

Highlights –

• FSC to partially lift the ban on short selling of listed stocks.
• FSC from Monday onwards will lift the ban on 200 large-cap firms listed on the main KOSPI.
• Short selling ban will be lifted from 150 firms listed on the sec...

S. KOREAN GOVT. PLANS TO MONITOR ILLEGAL CRYPTOCURRENCY ACTIVITIES

Highlights –

• S. Korean govt. plans to monitor illegal cryptocurrency activities.
• S. Korea is concerned with speculative investments and potential illegal activities through cyrptocurrency.
• The country’s finance ministry, FSC, an...

SOUTH KOREA AMENDS FTRA; MAKES REGISTRATIONS WITH FIU MANDATORY

Highlights:

•        The South Korean government wants to regulate the crypto domain

•        The government is concerned about crypto being used for money laundering

South Koreans have b...

SOUTH KOREA BANS SHORT SELLING OF STOCKS

Highlights –

• A temporary ban of 6 months on short-selling of stock in the market
• The ban will affect all listed firms
• The temporary ban marks the third of its kind in South Korea

The Financial Services Commission of ...

VIVA REPUBLICA WILL SOON ENTER MOBILE SECURITIES BUSINESS

Highlights –

• FSC gave Viva Republica preliminary permission to provide online brokerage services
• Viva Republica is the service operator for a money transfer app ‘Toss’
• The FSC gave preliminary approval to Toss Bank to ope...