South Korean banking overhaul met with scepticism
By Natasha TejaSeptember 18, 2023
Ambitious plans to tackle South Korean banks’ vulnerability to credit risk are unlikely to work, and may even trigger a rise in risky lending, experts say.
South Korea’s Financial Services Commission announced plans in July to boost competition in financial services. Regional banks can expand nationwide for the ...
Already a subscriber? Log In
Read Next:
September 5, 2023
Singapore stablecoin rules to serve as ‘blueprint’ for APAC
Singapore is introducing licensing and reserve asset requirements for stablecoin issuers, under a new digital asset framework that fires the starting gun on a push for regulatory clarity across the...
Read more