South Korea
Emeap: Cross-border collateral may alleviate dollar funding strains
Executives’ Meeting of East Asia-Pacific Central Banks says crisis revealed shortcomings in regional money markets; swaps deals, cross-border collateral could alleviate some problems
Hervé Ferhani: EM countries in capital controls dilemma
NEW YORK - Emerging market (EM) countries that enforce capital controls will trigger a domino effect across neighbouring countries, according to Hervé Jacques Ferhani, deputy director of monetary and capital markets at the International Monetary Fund in…
Regulators step up currency surveillance
SEOUL - Regulators in emerging markets are stepping up efforts to curb extreme volatility in local currencies in response to the euro crisis, with South Korea reported to be introducing trading restrictions.
Asia live with pooled reserves fund
HONG KONG – Asia took a crucial step towards regional independence with the introduction of $120 billion in reserve funds under the Chiang Mai Initiative Multilateralisation (CMIM) arrangement, last Wednesday (March 24).
Brokers unite to fight new CFTC rule
Backlash against new leverage limits
South Korea restricts FX derivatives trades
South Korea announces new restrictions on forex derivatives trades in response to corporate losses