Korean banks call for covered bond clarity
The Korean banks association is set to meet with the financial regulator this week to discuss how to further clarify the country’s complex securitization and covered bond laws. The regulator is primed to issue guidelines in the near future.
Korea’s Federation of Banks (KFB) and) have slated a meeting this Thursday with the country’s regulator, the Financial Supervisory Service (FSS), to discuss ideas on how best to issue covered bonds in the country, said Warren Lee global head of structured financing solutions at Standard Chartered.
The timing of
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