S Korea to buttress financial industry against economic stress

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

SEOUL : South Korea will change regulations to buttress financial companies against economic stress, the deputy chief of the financial regulatory agency said on Thursday, moving to head off problems that have twice hit the country since the late 1990s.Korea Deposit Insurance Corporation (KDIC) would be al

SEOUL : South Korea will change regulations to buttress financial companies against economic stress, the deputy chief of the financial regulatory agency said on Thursday, moving to head off problems that have twice hit the country since the late 1990s.

Under current rules, the deposit insurance agency can intervene in the liquidation process of a failed financial company but has no right to help one pre-emptively - for example, by recapitalising it as it weakens.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 6. in BR

Brasil Últimas Notícias, Brasil Manchetes