Financial Services Commission Designates Daishin Securities as the 10th Licensed Securities Investment Company
The 22nd Financial Services Commission Meeting... Deliberation and Resolution
Daishin Securities has been selected as the 10th comprehensive financial investment business operator in South Korea.
On the 24th, the Financial Services Commission held its 22nd meeting and deliberated and approved the designation of Daishin Securities as a comprehensive financial investment business operator with a capital of over 3 trillion won.
Daishin Securities applied for designation as a comprehensive financial investment business operator with a capital of over 3 trillion won, capable of conducting corporate credit extension operations.
The Financial Services Commission determined that Daishin Securities met all legal requirements, including capital of over 3 trillion won, personnel and physical facilities, and conflict of interest prevention systems, and designated it as a comprehensive financial investment business operator.
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With this additional designation, the number of comprehensive financial investment business operators has increased to 10. Currently, there are five comprehensive financial investment business operators with capital over 3 trillion won, including Daishin Securities, Shinhan Investment, Meritz, Hana, and Kiwoom Securities, and five ultra-large investment banks (IBs) capable of issuing commercial paper with capital over 4 trillion won, including Mirae Asset, NH Investment, Korea Investment, Samsung, and KB Securities.
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