Financial Services Commission

  • South Korean Central Bank Granted the Right to Investigate Virtual Assets

    On April 22nd, it was reported that the South Korean Financial Services Commission (FSC) has abandoned its opposition to the Central Bank\’s acquisition of the \”request for data sub

    04/22/2023
    186
  • Introduction

    On April 18th, according to a report from the Korea Financial Services Commission to the Political Affairs Committee of the National Assembly, the Korea Financial Services Commissi

    04/18/2023
    187
  • South Korea FSC launched a “comprehensive inspection” of domestic encrypted trading platforms

    On March 10, it was reported that the Financial Services Commission (FSC), the highest financial regulator in South Korea, had begun a “comprehensive inspection” of the country’s cryptocurrency exchange. The FSC is particularly concerned about the 20 trading platforms that do not have a Korean trading license. This is the “first time” that the FSC has conducted a “comprehensive inspection” of exchanges that do not operate the legal currency market. It is expected that this inspection will focus on the anti-money laundering agreement. Interpretation of this information: The Financial Services…

    03/10/2023
    319