Korea financial control Court 19, said that in order to eliminate foreign investors in the country of the investment process, we make the financial investment industry provides for the purposes of rules amendment. According to this amendment, foreign investors in Korea can make over-the-counter object range will be expanded, securities trading-related reporting requirements will also be relaxed.
It is reported that the amendments will go through the program, gathering views from around mid-July this year introduced.
According to this amendment, foreign investors will be and Korea domestic financial firms for OTC derivatives clearing transactions with securities.
At present, the foreigners to take advantage of international securities settlement institutions ICSD account in Korea domestic bond transactions, you must declare the obligation bond trading profit margins and bond trader's name, nationality. This system will also be implemented as the amendment was withdrawn.
In addition, even when foreigners in Korea investment to a different name to register, simply submit the actual investment assets has proved that you can not comply with the registered name of the account number of the transfer of funds.
No comments:
Post a Comment