Between affiliates fund 50% limit 2-year extension

The upper limit is affiliated fund regulations to limit the concentration of transactions between affiliated companies - Korea Seo Hye Rin nine financial newspaper reporter] financial institutions extended a further two years from the day.

Financial Services Commission on the 21st affiliates fund the upper and affiliated investment funds, discretionary, trust incorporated limits of ineligible securities, affiliates Ineligible Investment Securities investment recommendations limit: three regulatory effect for two years additional regulations for the financial investment industry, some amendments to extend the contents of the the said notice.

This regulation has been announced that April 2013, extended once in 2015 to prevent the bar from being concentrated between the financial transactions related to investment companies.

Affiliates fund the upper limit is to limit the amount of new sales for the quarter to fund its affiliates more than 50% of the total fund amount.

Financial authorities have determined that the funds accumulated sales subsidiaries continued need to improve the proportion of regulatory focused trading as high and still up to 42.2% at the end of last year as a reference, in particular, the fund sold 54% share of the top ten sales affiliates companies.

Affiliate fund, but gravity is lower by 6.6% points to 47.8% compared to the end of 2012, is still high.

In addition, the FSC said it would continue to limit the act of selling the subsidiaries securities Investment Grade investors in frontline consider the fact that you are a large enterprise restructuring progress growing the global economic uncertainties in the US interest rate hikes or transfer such funds.



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