The policy shift is designed to give more freedom to the firms by relaxing rules requiring them to make prior reports to the FSS.

The top financial regulator pledged Tuesday to grant greater autonomy to foreign financial firms operating here, while at the same time calling on them to set an example in following rules and protecting consumers.

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Crédit Agricole - VIE

Established in South Korea since 1974, Crédit Agricole CIB was the first French bank and one of the pioneering foreign bank to enter the Korean market…

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