, while those established in 2015 have not yet achieved the expected returns. Meanwhile, of the 132 foreign trigger funds, 53 (or approximately 40 percent) have reached the target goal within one year. In
obtain licenses to undertake all types of securities business but not including financial institutions established by any other law which have obtained securities business licenses. Clause 4 A securities
professional accountants established by the International Federation of Accountants (IFAC) in cases where the FAP has not established or amended its code of ethics for professional accountants in accordance with
category of securities brokerage of debt securities or investment units; (2) securities company other than the securities company under (1) but shall not include financial institution established by any
) securities companies other than the securities company under (1) and (2) but not including financial institutions established by any other law which have obtained securities business license after acquiring a
such company; (5) securities companies other than the securities company under (1) and (2) but not including financial institutions established by any other law which have obtained securities business
) which obtain a securities business license in the category of securities brokerage not limited to debt securities or investment units; (3) a person who obtains derivatives business license in the category