South Korea Warns of 'Serious Policy Loophole' in Leveraged Products
South Korean President Lee Jae-myung has warned that leveraged financial products represent a 'serious policy loophole,' signaling potential new regulations to address systemic risks in the financial market.
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South Korean President warns of 'policy loophole' in leveraged financial products
First report 1d agoLast update 10h agoThe government is highly concerned about the risks posed by leveraged financial products and is considering tightening regulations.
South Korean banks are planning to tighten lending standards in the third quarter to curb household debts, aligning with government efforts.
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