Korea’s FSC to prioritise online fund system

Dec 3, 2013

The Financial Services Commission says it will approve a licence for an online funds supermarket as soon as possible, to be fully operational by March. The aim is to cut costs and create a competitive distribution landscape.

Korea’s FSC to prioritise online fund system

Korea’s financial markets regulator is looking to prioritise approval of an online funds supermarket, with figures showing that the asset management industry has continued shrinking since 2008.

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