Fresh from receiving a licence to trade equities and derivatives in Korea and more than doubling its local headcount in the past year, Société Générale is eyeing strong expansion.
Tag : financial services commission
The Financial Services Commission is confident of growth after moving to lower entry barriers and improving training and education to underpin an industry already expanding at a fast clip.
Some market participants say the regulator should have waited for greater calm amid eurozone fears, but brokerages planning hedge fund launches are happy.
A capital law revision by the Financial Services Commission, which it says will foster a domestic hedge fund sector, could be launched as early as the end of this year.
Cho In-kang of the Financial Services Commission says the government wants institutional investors to play a bigger role in growing Korea’s capital markets.
