South Korea rolls out new capital control rules

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South Korea rolls out new capital control rules

korea man px230
Wearing traditional military uniform, a member of a South Korean military honor guard salutes before a welcome ceremony for U.S. Gen. Vincent Brooks, commander of United Nations Command, US Forces Korea and Combined Forces Command, at South Korea's Joint Chiefs of Staff in Seoul, South Korea, Tuesday, May 10, 2016. (AP Photo/Lee Jin-man) | Lee Jin-man/AP/Press Association Images

South Korea’s financial authorities announced a new set of capital-control regulations in a bid to provide its financial system with a better buffer against external shocks.

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