Go­ing pa­per­less

The Korea Times - - FINANCE -

Fi­nan­cial Ser­vices Com­mis­sion Chair­man Eun Sung-soo, right, and Jus­tice Min­is­ter Cho Kuk put se­cu­ri­ties pa­per cer­tifi­cates in shred­ders dur­ing a cer­e­mony for the im­ple­men­ta­tion of the elec­tron­ics se­cu­ri­ties sys­tem at Conrad Seoul, Mon­day. Un­der the sys­tem, the is­suance, cir­cu­la­tion and cor­po­rate ac­tions as­so­ci­ated with se­cu­ri­ties will be processed elec­tron­i­cally, mean­ing that listed stocks and bonds will no longer ex­ist in pa­per form.


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