FX Law and Regulations in Korea : : Problems and Prospects.

• Superior document: Brill Research Perspectives in International Law
• Author: Kang, Min-woo.
• Place / Publishing House: Boston : : BRILL,, 2022.; ©2022.
• Year of Publication: 2022
• Edition: 1st ed.
• Language: English
• Series: Brill Research Perspectives in International Law
• Physical Description: 1 online resource (96 pages)

Table of Contents

Intro -- Contents -- FX Law and Regulations in Korea: Problems and Prospects -- Abstract -- Keywords -- 1 Introduction -- 2 Theoretical Underpinnings of FX Regulations -- 2.1 Legal and Economic Aspect of Currency Assets -- 2.2 Unique Features of the FX Market -- 2.3 Policy Rationales for FX Regulation and Supervision -- 3 Current Landscape of the Korean FX Law and Regulations -- 3.1 An Overview of the Regulatory System -- 3.2 A Brief History of the Regulatory System -- 3.3 Policy Framework and Strategies -- 4 Central Problems in the Korean FX Regulatory System: A Critical Review and Analysis -- 4.1 Operation of the Legal System Centred on Strict Administrative Procedure Regulations -- 4.2 Operation of the Legal System Relying Heavily upon Delegated Legislation -- 4.3 Operation of the Bank-Oriented Legal System -- 5 Proposals for Amendment of the Legal System -- 5.1 A Complete Overhaul of the FX law -- 5.2 A Legal Definition of Foreign Exchange Products as the Financial Investment Instruments -- 5.3 An Incorporation of Procedural Regulations into Anti-money Laundering Legislation -- 6 Conclusion -- Bibliography.