South Korea system to detect short-selling to be ready Q1 2025, watchdog says

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SEOUL: A brand new South Korean inventory market monitoring system to detect unlawful short-selling is predicted to be carried out from the primary quarter of 2025, Lee Bok-hyun, governor of the Financial Supervisory Service, stated in a radio interview on Monday.
The new mechanism, which was proposed in April, has been touted as a prerequisite so as to raise a market-wide ban on short-selling imposed since November, as authorities search to stop unlawful buying and selling practices by international funding banks.
In the interview, Lee repeated his earlier remark that he personally hoped to partially raise the ban in June or a minimum of present buyers a timeline on when and beneath what circumstances it could be lifted.


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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