Finance
South Korea to expand omnibus accounts for foreigners to ETFs and ETNs
South Korea\'s Financial Services Commission will expand products eligible for foreign omnibus accounts from stocks to include exchange-traded funds and exchange-traded notes, Chairman Lee Bok-hyun (이억원) said. The move aims to improve overseas retail investors\' access to the Korean market and encourage foreign inflows. The FSC also plans to ease network separation rules for security purposes from June and will hold a \"Korea Premium Week\" event in September.
