South Korea's Financial Services Commission will implement a 'one-strike-out' rule for private equity fund managers, requiring GPs to meet financial institution-level internal controls and report detailed fund operations, while tightening oversight on leverage and disclosure to investors.
#YonhapInfomax
#FinancialServicesCommission #PrivateEquityFund #OneStrikeOut #InternalControls #LeverageLimit
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96647
Private Equity Funds Face 'One-Strike-Out' Rule—GPs Required to Meet Financial Institution-Level Internal Controls

South Korea's Financial Services Commission will implement a 'one-strike-out' rule for private equity fund managers, requiring GPs to meet financial institution-level internal controls and report detailed fund operations, while tightening oversight on leverage and disclosure to investors.

Yonhap Infomax
South Korea launches a 34-member joint task force to combat stock manipulation, shifting surveillance from accounts to individuals and enforcing a strict 'one-strike-out' policy with tougher penalties and rapid delisting of zombie companies.
#YonhapInfomax #StockManipulation #FinancialServicesCommission #KoreaExchange #OneStrikeOut #MarketSurveillance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=71354
'One-Strike-Out for Stock Manipulation'—34-Member Joint Task Force Launched, Focus Shifts to Tracking Individuals Over Accounts

South Korea launches a 34-member joint task force to combat stock manipulation, shifting surveillance from accounts to individuals and enforcing a strict 'one-strike-out' policy with tougher penalties and rapid delisting of zombie companies.

Yonhap Infomax