South korea to probe forex positions

South korea to probe forex positions

Author: ClubCont Date of post: 16.07.2017

Korea probe will result in any sanctions Adds details, comment, background. By Lee Chang-ho and Joyce Lee. Fair Trade Commission Chairman Jeong Jae-chan told a parliamentary hearing the regulator is examining whether there are grounds for sanctions against the six banks, without giving specific details.

Yim Jong-yong, head of the financial industry regulator, also told lawmakers his agency would assist in the probe.

south korea to probe forex positions

It was not immediately clear whether the investigation will result in formal sanctions. A case against any of those banks in South Korea could be difficult to prove, as the FTC would need to determine whether their actions affected local market rates such as won-dollar, an antitrust lawyer at a large domestic firm said, declining to be named as he was not authorised to speak to the media. Depending on how well the connections can be made, the FTC could drop it early or it could take a while," the lawyer said.

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Barclays, Citigroup, Bank of America, JPMorgan and UBS declined to comment on Wednesday on the South Korea probe. RBS could not immediately forexgridmaster v5 download reached for comment.

ydelery.web.fc2.com says to probe local impact of global forex scandal

So far, the forex scandal has had a limited impact in Asia. South korea to probe forex positions December, the Hong Kong Monetary Authority said it found no evidence of rigging in its foreign exchange benchmarks, but identified "inappropriate" behaviour by individual traders.

South korea to probe forex positions - Birkenstock outlet stuttgart germany

In Singapore, the region's largest forex trading centre, the central bank has not launched a standalone probe, but has said moneymaker atm fees is willing to assist foreign regulators. Inthe South Korean antitrust body said it began an investigation into banks and brokerages on suspicion of collusion in setting three-month certificate of deposit rates.

The agency has said it will announce its findings as quickly south korea to probe forex positions returns on binary options trading but has yet to do so.

Additional reporting by Se Young Lee, Yena Park and Joshua Franklin; Editing by Tony Munroe and Miral Fahmy. I don't care what the polls say Trump will never be a great president, he will go down in history as the worst president ever, He will even fall behind Nixon maybe so fall behind that no other future president can fall below Donald Trump, so Trump will carry that top spot for being the worst president ever for many many many years to come maybe even to the end of time.

That is sad that Trump wants to be the winner of being the worst president ever, but it may be that it is the only think Trump accomplished with honesty and didn't have to be corrupt or have Russia to help win that title.

Markets open in 6 hrs 51 mins. Korea says to probe local impact of global forex scandal. Reuters June 17, Recently Viewed Your list is empty.

What to Read Next. Donald Trump's approval rating plunges to new low in latest poll over handling of Russia investigation.

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