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Global Trade Alert

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Republic of Korea: Restrictions on overseas bank financing by commercial operations

Description

In June 2010 the Ministry of Strategy and Finance issued a policy statement concerning volatile capital flows. The statement makes clear "the Korean government will reinforce macro-prudential measure...

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Intervention Details

Intervention Type

Local operations requirement

MAST Chapter

I: Trade-related investment measures

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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