S. Korea seeks to build legal frame for fast-growing P2P lending market

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Trending Keywords   Peer-to-peer lending • Finance • South Korea • Financial services


S. Korea seeks to build legal frame for fast-growing P2P lending market The Korea Herald

South Korea's financial authorities are hastening to build a legal framework for the fast-growing peer-to-peer lending market, seeking to encourage investment by raising the ceiling while enhancing protective measures for investors, officials said Monday.

Gov't seeks to raise individuals' investment ceiling for P2P lending Yonhap News Agency

SEOUL, Feb. 11 (Yonhap) -- The government is seeking to raise individuals' investment ceiling for peer-to-peer (P2P) lending, while bolstering regulations to protect investors, officials said Monday. P2P lending is largely unregulated in South Korea ...