FSC defers plans to ease separation rules btw financial and non-financial firms
newscatcher
2023-08-24 05:31
FSC defers plans to ease separation rules btw financial and non-financial firms
[Courtesy of FSC] South Korea's Financial Services Commission (FSC) has postponed the release of a plan aimed at easing the rule on the separation of financial and industrial capital, allowing financial entities to diversify into non-financial domains. The decision stems from the FSC's assessment that, in a scenario where the real economy's recovery is slower than anticipated, additional time is essential for comprehensively evaluating the implications of the rule change.According to sources from the FSC on Thursday, the regulatory body has opted for an extended process involving soliciting opinions on relaxing the demarcation between financial and non-financial spheres.

https://n.news.naver.com/mnews/article/009/0005176913?sid=104

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