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SEOUL, Jan 2 Asia Pulse - South Korea will continue to make efforts toward financial deregulation, which will help create conditions to encourage investments in real economic sides, the country's top economic policymaker said Monday
In a speech to mark the New Year's opening of the local stock market, Han Duck-soo said his ministry will overhaul finance sector-related regulations and abolish business barriers among the segments.
"The government will allow financial institutions to deal with a wide range of financial products, which will also help increase their competitiveness," Han said.
The minister said the "industry-based" financial regulatory system will be consolidated into a ...
Source: HighBeam Research, S. KOREA TO CONTINUE FINANCIAL DEREGULATION: FINANCE MINISTER.