Sector Regulation Sector Regulation

Platforms pushing financial products will be regulated as brokers, South Korean watchdogs say

By Jenny Lee
  • 09 Sep 2021 00:00
  • 09 Sep 2021 00:00
South Korean online platforms that promote financial products to users, including those run by tech behemoths Kakao and Naver, will soon face the same regulation as the country’s major banks, regulators have announced.

In a statement published this week (see here), the Financial Services Commission and the Financial Supervisory Service said that

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