GRI

Strengthening Real Estate Trusts: A New Era for Land Trust Regulations

Read Real Estate & Property Law & Policy Updates
Date: 20th Jan, 2025 Source: In-House Country: South Korea

Brief

"On "20/01/2025", the "Financial Services Commission" issued an update regarding "Notice of amendment to the Financial Investment Business Regulations for the improvement of land trusts". The amendments aim to reflect the actual risk of land trusts, introducing a risk-based capital requirement and a limit on land trust risks as a percentage of self-capital.

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