South Korea may ban foreign banks arranging global bond deals, Bloomberg News reports
An employee walks at an empty park near a financial district amid the coronavirus disease (COVID-19) pandemic in Seoul, South Korea, September 10, 2020. REUTERS/Kim Hong-Ji
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Oct 8 : South Korea is considering regulations to prohibit investment banks without domestic securities licenses from seeking to arrange overseas bond sales of local issuers, Bloomberg News reported on Wednesday citing people familiar with the matter.
Reuters could not immediately verify the report.
Source: Reuters
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