Politics & Regulation

New rules in South Korea may open gates for onshore funds


South Korea is likely to change regulation around hedge funds that requires them to invest at least 40% of their assets in companies targeted for restructuring - viewed as one of the largest hurdles to the development of an onshore hedge fund industry in the country.

SJ Moon

For this, hedge fund professionals in South Korea are keenly awaiting potential passage of a proposed enforcement decree to the Financial Investment Services and Capital Markets Act (FSCMA), which will be presented to the National Assembly in November.

The decree would also enable the establishment of onshore