Search results for KOFIA
Finance
Financial sector audit clashes over hacking, ETFs as digital asset rules near final stage
South Korea’s parliamentary audit of the Financial Services Commission focused on a string of hacking incidents, single-stock leveraged ETFs and the effectiveness of property loan curbs. Lawmakers raised concerns over inconsistent inspection periods and limited log reviews, while calls grew to ease network separation rules to counter AI-driven threats. Regulators also discussed stablecoin legislation, cross-border tracking of digital asset transfers and preparations for tokenised securities rules, alongside broader fintech and banking industry developments.
Finance
KOFIA signs MOU with Japan association to expand asset management cooperation
The Korea Financial Investment Association has signed a memorandum of understanding with the Investment Trusts Association, Japan to expand exchanges and cooperation between the South Korean and Japanese asset management industries. The MOU was signed in Toronto during the 39th annual general meeting of the International Investment Funds Association. The two sides plan staff exchanges, information sharing on markets and related systems, and joint seminars and workshops. Further exchanges are scheduled in Tokyo and Seoul.
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.
