Search results for KOFIA
People & Appointments
KOFIA volunteers at Hansarang Village, donates 20 million won
The Korea Financial Investment Association held volunteer activities with its member firms at Hansarang Village, a residential facility for people with severe disabilities in Gwangju, Gyeonggi province. The association said 55 employees from 14 member companies and KOFIA took part. It also delivered a 20 million won donation to improve living conditions, including drainage maintenance and room improvements. The volunteer programme marks its 15th year.
Finance
KOFIA discusses European expansion with Luxembourg ambassador
Korea Financial Investment Association held talks with Luxembourg on ways to support Korean financial investment firms expanding into Europe and identifying new global businesses. KOFIA said its chairman Hwang Seong-yeop met Luxembourg Ambassador to South Korea Jacques Flies on May 13. The meeting discussed Luxembourg’s role as an asset management hub, its digital asset infrastructure and its space industry ecosystem, and cooperation opportunities with Korea’s financial investment industry.
Finance
Capital market rules tighten as MyData programme expands
South Korean financial authorities are accelerating efforts to tighten capital market discipline, pledging tougher action against illegal practices aimed at avoiding delisting and pushing for timely exits of so-called zombie firms. Korea Exchange will introduce rules from July to delist penny stocks and raise standards for dealing with weak companies. Regulators also plan to curb duplicate listings and tighten reviews. Some decisions, including Hong Kong ELS fines and Samsung Securities approvals, remain delayed.
