South Korean virtual asset exchanges compete for corporate clients as regulatory guidelines for institutional trading are anticipated, with major platforms like Upbit and Bithumb launching corporate membership services and partnering with banks to gain market share.
#YonhapInfomax #VirtualAssetExchanges #CorporateClients #RegulatoryGuidelines #Bithumb #FinancialServicesCommission #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56442

FSS to implement third-party risk management guidelines for financial institutions, addressing increased outsourcing due to digitalization and diversified sales channels
#YonhapInfomax #FinancialSupervisoryService #ThirdPartyRiskManagement #FinancialInstitutions #OutsourcingRisks #RegulatoryGuidelines #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=53712

Lotte Non-Life Insurance reports 91% drop in 2023 net profit to 27.2 billion won, impacted by regulatory changes and surrender rate guidelines for insurance policies
#YonhapInfomax #LotteNonLifeInsurance #NetProfit #RegulatoryGuidelines #InsuranceSurrenderRates #ContractualServiceMargin #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50846