South Korea's Financial Supervisory Service urged real estate trust firms to strengthen risk management and ensure smooth adoption of new prudential regulations, as the sector faces heightened risks from a sluggish property market and rising construction costs.
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FSS Holds Meeting with Real Estate Trust Firms—'Prudential Regulations Must Be Smoothly Implemented'

South Korea's Financial Supervisory Service urged real estate trust firms to strengthen risk management and ensure smooth adoption of new prudential regulations, as the sector faces heightened risks from a sluggish property market and rising construction costs.

Yonhap Infomax