South Korea's Ministry of Economy and Finance attended the OECD Advisory Task Force on the Codes of Liberalisation in Paris and presented an update on Korea’s foreign exchange market operations and ongoing capital market rule changes aimed at improving market access for foreign investors. The ministry highlighted steps including raising the foreign exchange forward position limit for foreign bank subsidiaries to 200% from 75% and rationalising foreign exchange loan regulations. It also pointed to capital market measures such as permitting integrated foreign accounts to ease foreign investors’ domestic equity trading and a temporary suspension of a foreign exchange stability-related levy. In addition, it outlined policy directions linked to pursuit of MSCI Developed Market Index inclusion, including 24-hour foreign exchange market operation, improvements to offshore KRW settlement infrastructure, streamlined investment procedures and greater regulatory consistency, and exchanged views with OECD members on market-stabilisation responses amid heightened geopolitical and global trade uncertainty. The ministry indicated it will continue to engage in OECD and other international discussions to sustain cooperation and policy communication.
Ministry of Economy & Finance (South Korea)2026-04-22
South Korea's Ministry of Economy and Finance presents foreign exchange and capital market reform measures to OECD liberalisation task force
South Korea’s Ministry of Economy and Finance briefed the OECD Advisory Task Force on the Codes of Liberalisation on recent foreign exchange and capital market rule changes to improve foreign investor access. Measures include raising foreign exchange forward position limits for foreign bank subsidiaries, easing foreign exchange loan rules, permitting integrated foreign accounts, temporarily suspending a foreign exchange stability-related levy, and pursuing reforms linked to potential MSCI Developed Market Index inclusion. The ministry also discussed market-stabilisation responses and signalled continued engagement in international policy discussions.