South Korea: : Legislation on electronic securities.

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 5 (Jun2014), 2014
• Idioma: inglés
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• Resumen

  • The article reports on a draft legislation being discussed at the National Assembly of Korea for the adoption of an electronic securities system in order to improve capital market efficiency. Among the cited advantages of the adoption of an electronic securities system are cost savings, adoption of real-name securities transaction and holding systems, and investor protection. Highlighted are the contents of the draft legislation on the issuance and circulation of electronic securities.