
The financial landscape in South Korea is undergoing significant changes as the Financial Services Commission (FSC) announced amendments to regulations governing financial holding companies. The proposed amendments, which are open for public comment from April 14 to May 26, aim to enhance synergies within financial groups and allow for greater investment in fintech companies, increasing the investment limit from 5% to 15%. Additionally, starting April 23, new measures will be implemented to combat unfair trading practices and illegal short-selling, including trading restrictions and account freezes for suspicious transactions. In Canada, reports have emerged of bank accounts being frozen again, with individuals expressing frustration over a lack of communication from the government regarding the status of their accounts. The Canadian government has been criticized for freezing accounts over political differences, coinciding with the announcement of a political campaign by Meghan, raising concerns about the motivations behind these actions. Meanwhile, in Andhra Pradesh, India, the Special Investigation Team (SIT) has ordered the freezing of bank accounts belonging to Allied Blenders & Distillers as part of an investigation into a liquor scam involving the YSR Congress Party. The SIT has also summoned ex-YSRCP Rajya Sabha MP Vijayasai Reddy in connection with the probe.
Andhra SIT Summons Ex-YSRCP Rajya Sabha MP Vijayasai Reddy In Liquor Scam Probe https://t.co/uaj7ttfIOg
#Exclusive | #AndhraPradesh SIT orders freezing of #AlliedBlenders’ bank accounts @Shilparanipeta https://t.co/iHMZAtdWET
#NewsAlert | AP SIT on YSRCP liquor scam orders freezing of bank accounts of Allied Blenders & Distillers #StockMarket https://t.co/7LBg2VLYzM



