1페이지 내용 : Guidelines for Trading in Korean Capital Market This guidelines introduce registration and investment procedures for foreign investors who wish to make direct investment , , in the Korean markets and also provide information for indirect investment without going through registration procedures such as investing in ETFs listed in overseas markets. Institutional Investor A foreign institutional investor can directly invest in the Korean stock market through standing proxies and brokerage rms in Korea. • STEP 1: Appoint Standing Proxy A foreign institutional investor who wants to invest directly in the Korean stock market may contact a global bank , , , . offering custodian FX security settlement and other proxy services in Korea , , , Global banks which provide custodian services include Citibank HSBC Bank Deutsche Bank Standard Chartered , . . Bank BNY Mellon etc ( ) The investor may either directly contact those banks or access through a brokerage rm mostly a global bank in the local area ( ) Proxy Contract indirectly Standing Local Bank Proxy ) ly t ( irec d t trac Con xy ro P Investor 2: ( ) • STEP Register for Investor Registration Certicate IRC , A foreign institutional investor who wants to invest in securities listed in the Korean markets or acquire for the rst , time securities that are placed for public offering to be listed on the stock market or dispose of such securities should register its personal information in advance. , It may apply for IRC directly or through a standing proxy to the Financial Supervisory Service and trade in the stock market by presenting IRC to an investment trading business or brokerage business entity (one to two days are required for issuing IRC). Direct application, Investor Application IRC Registration FSS (Standing Proxy) through FINES system , *For more details of the registration process and required documents please visit the website of the Financial Supervisory ( : . . . ). Service http//english fss or kr 1