SK FSC Collateral Ratio of Stock Loan

Updated on: Oct 5, 2024

Latest Event


  • Oct. 2024 Revisions Finalized
  • On Oct. 2, 2024, SK FSC published revised regulations, effective from Mar. 31, 2025.
  • In Nov. 2024, SK FSC said revisions re balance disclosures were passed, see #232318.
  • In Nov. 2024, SK FSC issued minutes for 16th agenda review meeting, see #234429.

On Jun. 21, SK FSC proposed revisions re collateral of stock lending.

  • SK FSC proposed revisions to the Regulations on financial investment business.
  • To reduce the minimum collateral ratio of stock loans to 105% from 120%; allow financial investment firms to regulate valuation of securities as stock loan collateral.
  • Consultation Period
  • Comments shall be submitted by Aug. 1 for planned effectiveness from Sep. 30, 2024.
  • Oct. 2024 Revisions Finalized
  • On Oct. 2, 2024, SK FSC published revised regulations, effective from Mar. 31, 2025.
  • In Nov. 2024, SK FSC said revisions re balance disclosures were passed, see #232318.
  • In Nov. 2024, SK FSC issued minutes for 16th agenda review meeting, see #234429.
Regulators
SK FSC
Entity Types
B/D; Inv Co
Reference
RF, Nt 2024-46, 10/2/2024; CP, Nt 2024-211, 6/21/2024; Reg, Nt 2024-14, 3/5/2024
Functions
Actuarial and Valuation; Compliance; Financial; Legal; Operations; Risk
Countries
South Korea
Category
State
N/A
Products
Fund Mgt; Loan; Securities; Stock Lending
Rule Type
Final
Regions
AP
Rule Date
Jun 21, 2024
Effective Date
Mar 31, 2025
Rule ID
216545
Linked to
Reg. Last Update
Oct 2, 2024
Report Section
International