| Description |
1 online resource (96 p.) |
| Series |
Brill research perspectives. International banking and securities law |
|
Brill research perspectives. International banking and securities law.
|
| Contents |
Intro -- Contents -- FX Law and Regulations in Korea: Problems and Prospects -- Abstract -- Keywords -- 1 Introduction -- 2 Theoretical Underpinnings of FX Regulations -- 2.1 Legal and Economic Aspect of Currency Assets -- 2.2 Unique Features of the FX Market -- 2.3 Policy Rationales for FX Regulation and Supervision -- 3 Current Landscape of the Korean FX Law and Regulations -- 3.1 An Overview of the Regulatory System -- 3.2 A Brief History of the Regulatory System -- 3.3 Policy Framework and Strategies -- 4 Central Problems in the Korean FX Regulatory System: A Critical Review and Analysis |
|
4.1 Operation of the Legal System Centred on Strict Administrative Procedure Regulations -- 4.2 Operation of the Legal System Relying Heavily upon Delegated Legislation -- 4.3 Operation of the Bank-Oriented Legal System -- 5 Proposals for Amendment of the Legal System -- 5.1 A Complete Overhaul of the FX law -- 5.2 A Legal Definition of Foreign Exchange Products as the Financial Investment Instruments -- 5.3 An Incorporation of Procedural Regulations into Anti-money Laundering Legislation -- 6 Conclusion -- Bibliography |
| Summary |
In FX Law and Regulations in Korea: Problems and Prospects , Min-woo Kang offers a comprehensive and thorough discussion of the FX regulatory system in Korea, with a special focus on its chronic problems and possible remedies under the overhauled legal system. The author has provided technical analysis on each provision of the complex Korean law, which is commonly accepted as too convoluted, even for legal professionals. Fully utilising a host of legal materials as well as documents in the relevant economic theory, Min-woo Kang convincingly provides the rationale for FX regulation and a robust argument for amending the current Korean law in a significant way. This piece sheds a light on the path Korean lawmakers and regulatory authorities will take. Academics and practitioners interested in the Korean FX law will find this a good reference |
| Notes |
Description based upon print version of record |
| Subject |
Banks and banking, International -- Law and legislation -- Korea
|
|
Banks and banking, International -- Law and legislation
|
|
Korea
|
| Form |
Electronic book
|
| ISBN |
9004540571 |
|
9789004540576 |
|
