The Korea Fintech Industry Association and South Korea\'s Financial Supervisory Service held a seminar in Seoul to review internal control duties for electronic financial firms, including oversight of sub-payment gateway operators, financial soundness and reporting of transaction terms. The FSS outlined revised supervisory rules covering merchant fee disclosures and new evaluation duties for sub-PGs. Speakers also covered payment risk management, business guidance standards and procedures for drafting and reporting electronic financial transaction terms.

The South Korean government will triple the basic margin requirement for single-stock leveraged ETFs tied to Samsung Electronics and SK Hynix and raise the minimum trading unit to curb excessive leverage trading. The margin will rise to 30 million won from 10 million won, effective Aug. 5. Officials said the measures aim to reduce frequent short-term trades and shift the market toward investors able to bear product risks, while monitoring impacts after implementation.