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TOTAL NUMBER OF KOREAN FINANCIAL REGULATIONS JUMPS IN 2002.
SEOUL, March 3 Asia Pulse - The number of financial regulations in South Korea rose by more than 30 in 2002 from a year earlier, almost returning to the mid-1998 level, a regulation reform body said today.
According to the Regulation Reform Committee, financial regulations imposed by the Financial Supervisory Commission (FSC), surged to 606 at the end of last year from 575 a year earlier.
The 2002 amount was closer to the 630 in mid-1998, when the reform committee first started tallying the total.
Following the committee's deregulation efforts, financial regulations dropped to 382 at the end of 1998, but they again ...
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